Overview of Boomer Low-Cost Travel Options

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Just because you live on a budget doesn’t mean you can’t enjoy travelling during retirement. Millions of Boomers are doing it and you can too.

Begin by researching travel/vacation sites that are oriented towards Boomers and seniors. Especially look into those that specialize in reduced pricing for packaged vacations, transportation and lodging. Read articles highlighting low-cost vacations. They are out there and you would be amazed at how many Boomers living on a tight budget are able to enjoy visiting foreign lands, taking cruises, seeing the country or economically visiting the grandkids.

And we will find these bargains for you. This blog is continually updated through ongoing research and feedback from our friends and subscribers. It is an excellent place to begin when planning your next adventure. We will find – or point you to – sites offering travel, vacation and trip discounts for Baby Boomers. This is the place to begin when planning your next adventure!

Overview of Financial Tips for Baby Boomers

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Financial surveys have shown that roughly half of Boomers above the age of fifty have insufficient financial resources to retire in the life style they had envisioned. Many have only a portion of the assets financial planners say they will need to sustain twenty or thirty years of retirement. Some have no assets at all except for the expectation of social security or receiving a pension.

Baby Boomer financial retirement tips.Older Boomers have been hit especially hard by the Great Recession. For many, half or more of our lifetime savings invested in 401Ks disappeared before we managed to stop the bleeding. Most of us were depending on our home equity to fund a large portion of our retirement, but that evaporated and many Boomers remain upside-down on their mortgages. Many more lost their homes. The worst thing is that older Boomers do not have time to make up these losses before age and industry force retirement upon them.

As reported recently in Fox Business:

According to a new study, only two percent of middle-income Baby Boomers feel the economy has fully recovered from the financial crisis that began in 2007.

The survey, “10 Years After the Crisis: Middle-Income Boomers Rebounding But Not Recovered,” by Bankers Life Center for a Secure Retirement, finds that Boomers’ lack of trust in institutions has led to permanent financial impairment.

“[Before the Great Recession] Boomers had a clear vision of what a personally satisfying retirement looked like,” said Scott Goldberg, president of Bankers Life. “But today, many are realizing they will not be as financially independent in retirement as they once expected.”

Goldberg discussed with Fox Business how Boomers have struggled during the slow recovery to rebound financially, and how most have readjusted their retirement expectations to meet their new reality.

Whatever your situation, there are still options and alternatives. Despite your circumstances, most Baby Boomers can still comfortably retire. It just takes a little more planning and an enhanced perspective of retirement possibilities.

Here, we show you how to reduce expenses to stretch your retirement dollars without sacrificing a comfortable lifestyle. We provide practical advice and research that can immediately benefit your wallet.

Boomers Retire Abroad to Stretch Fixed Incomes

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After being decimated by the Great Recession, it is difficult for typical Baby Boomers to comfortably retire in the United States. But what if you could retire to an area where a relaxing lifestyle can be enjoyed for just $1,200 monthly, or you can live very well (with maids and gardeners) for, say, $2,500 monthly? Interested?

Many Baby Boomers are retiring comfortably outside the U.S. where the dollar goes further. Moving to another country where the cost of living is lower offers substantial benefits for those without a large financial nest egg. Life can be good…very good.

American enclaves often exist for those who are afraid of cultural shock and language barriers. Health insurance and medical facilities are good. Financial matters are easily handled. Internet and phone service are available. Climate and scenery are acceptable. Recreational activities are readily available. And you are just a plane ride away from family and friends in the United States.

But it takes an adventuresome personality to move abroad. And experts advise not purchasing property until you have lived in your selected location for at least a year. There are a lot of considerations, but even on a low, fixed income it is possible to comfortably retire.

We have researched areas popular among American retirees. The Caribbean and countries south of the border currently offer the best locations for Boomers with limited savings or on a fixed income to retire. These choices also have the benefit of fast access to the U.S. for visiting relatives and friends. And we point you to sites and other resources that provide more information.

 

Baby Boomer Wellness, Aging and Beauty

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The Basics of Aging Well

As we age, it is important to our well-being to feel good about ourselves. That means taking care of one’s self, both physically and mentally. Diet, exercise, mental agility, and beauty products all play a role in enhancing the enjoyment of Fall and Winter of our lives.

Baby Boomer Beauty

Baby Boomer health, wellness and beauty.Baby Boomer beauty products abound. Be sure to wear sunscreen when performing outside activities! A wealth of beauty products exist for women…and men… to make Boomers look and feel younger. These range from anti-aging creams to using face lift tape for a temporary fix and products like Rogaine that re-grow lost hair. The one suggestion we offer here is to be sure to use sunscreen when doing outside activities. Remember, you are at an age where the cumulative effects of sun exposure – wrinkles and skin cancer – start to appear.

With a little online research, you will discover that many skin care, hair and cosmetic products can be purchased at a discount.

Baby Boomer Aging

Aging is state of mind as much as anything else. Some Boomers age well and keep their minds sharp because they remain active and engaged. Other languish and succumb to illness or mental diseases, often leading to suicide. Here is what you can do to “age well:”

  • Stay connected. Remain involved with your family. Develop a supporting network of friends. Volunteer for a worthy cause.
  • Nurture your spirituality. Whatever your beliefs, exercise them. As retiring Boomers, we are entering the “winter” of our lives. Develop inner peace and put your beliefs into action.
  • Exercise your mind. The more you use your mind – whether through work, puzzles, or whatever – the better your odds of avoiding diseases like dementia and Alzheimer’s.
  • Enjoy a loving relationship. Studies have show that Boomers who are in a loving relationship have a better quality of life and live longer. And besides, doing things is always more fun when you have someone to share it with.
  • Get a pet. Cats and dogs are great companions. They give unconditional love….as long as you feed the on time ;~)
  • Find time to relax. Schedule time everyday to do something you particularly enjoy. Read a book, meditate or watch a movie. Relax!
  • Women – Eat chocolate! It gives women a feeling of well-being …and makes their husbands happy.
  • Create a “bucket list.” What do you want to do or accomplish before you die? Make a list and plan how to achieve each item. Energize your life by instilling adventure into it. Try new things. You only have so many years left – Why not make the best of them?
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