Well, although some baby boomers have stopped work altogether. it seems that many boomers plan to continue working after they have stopped working. But the new way they will work will be quite different.
The shaky markets of the past couple of weeks are a bit scary. Everyone seems to be blaming the U.S. sub-prime market, which has seen major drops in house prices, lots of unsold inventory, public house construction companies declaring bankruptcy, and people walking away from their homes. With up to 120% mortgages, people have lived high off the hog for the past few years.
Well, as you know, you can make money from stocks, which fluctuate in price, and create capital appreciation, or in bonds or fixed money instruments. These instruments provide a fixed yield by either being available at a discount price which matures at par or are sold as bonds or GICs, at say 5% which creates greater capital.
Brain exercises such as games and brain teasers help increase brain function. We know a lot more about the brain because of Nintendo, as the many studies done have shown that those video games are not all bad.
Some points: the brain gets stronger with use. Exercising the brain increases information processing and memory.
A Vancouver Sun article March 28, 2006 describes how women retire for lifestyle reasons.
Based on research done by Lynn McDonald of the University of Toronto, this Canadian study examines how baby-boomer women will change retirement forever.
Well, many baby-boomers are in the throes of dis-accumulation. Summer seems a perfect time for this activity as you can rummage through your garage, basement and attic and get rid of stuff through garage sales or trips to the dump. You need to start this early, as it is time-consuming and sometimes emotional. Lots of little decisions along the way which cumulates in clarifying your goals. If you are not going to camp again, and make that decision, it's easy to let go.
Well, the Okanagan is certainly busy this summer. We had quite an experience a couple of years ago arriving in Kelowna just hoping to find a hotel or motel. No such luck, and we ended up a dirt road in a cabin with no electricity and depending on a bachelor stag party to feed us as we had no food. That is another story, but I booked before we went this time, going online and calling. Almost every place was full, but we did find a small bed and breakfast, and what a find it was.
Further to my blog where I described how to get your DNA, which is then linked to ancestry records, this past couple of weeks have been particularly fruitful.
Because I am on their email matching service, every time someone has a slighted link to me I receive an email. This links you to the site where I can go back and look at other profiles of people with the same links. This is freely provided information, that is, posted by people who want to share.
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