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Books for Boomers: Reviews & Coaching Tips
Books for Boomers: Reviews & Coaching Tips
Books for Boomers: Reviews & Coaching Tips
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Books for Boomers: Reviews & Coaching Tips

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Most Baby Boomers (the cohort of Americans born between 1946 and 1964) believe that they will still be working during their retirement years.

Eight in ten say they plan to work at least part-time--and others envision starting their own business or working full-time at a new job or career--according to an AARP Segmentation Analysis: Baby Boomers Envision Their Retirement.

By 2015, estimates the National Council on the Aging, 20% of the U.S. work force will be over age 55, up from 13% in 2000. This "phased retirement" of Baby Boomers will shape the American workplace and compensate for a severe talent gap due to a shrinking supply of new workforce entrants. Phased retirement will allow Baby Boomers to engage in work they enjoy while providing needed income.

This book is based on boomer generation book reviews previously published on The Baby Booomer Life Tips blog at www.SoBabyBoomer.com and future blog postings can viewed on this website or may be downloaded automatically to your eReader, including by subscription through the Kindle store.

LanguageEnglish
PublisherJohn Agno
Release dateSep 30, 2011
ISBN9780975856123
Books for Boomers: Reviews & Coaching Tips
Author

John Agno

John G. Agno is a seasoned corporate executive, entrepreneur, management consultant and executive coach who is dedicated to providing insightful self-coaching insights to help you achieve your life goals. Coach Agno shares his decades of professional coaching and consulting knowledge to create a better life for many through proprietary self-coaching guides; delivered to your smartphone, tablet, eReader, and computer or via low-cost paperback books. Today, Agno coaches senior executives and business owners to reach decision-making clarity by exploring unintended consequences of their future actions in a safe and confidential environment. John helps you see things you are missing, affirms whatever progress you have made, tests your perceptions and lets you know how you are doing. His developmental coaching is personal training that helps you focus your natural abilities in the right direction. The coaching allows your inner-potential to erupt outward through effective leadership; to develop commitment within organizations and in a world of "free agents" and "volunteer" talent.

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    Book preview

    Books for Boomers - John Agno

    Books for Boomers:Reviews & Coaching Tips

    By John G. Agno

    Copyright 2011

    Smashwords Edition

    ISBN-10: 097585612X

    ISBN-13: 9780975856123

    This book may not be reproduced in any form without permission of the author. However, permission is granted to people who have purchased this publication and wish to reproduce the content of the book or select pages for their own personal use.

    Readers should be aware that Internet websites offered as citations and/or sources for further information or book purchase may change or disappear between the time of writing and when read.

    Limited of Liability/Disclaimer of Warranty: While the author has used his best efforts in preparing this book, he makes no representations or warranties with respect to the accuracy or completeness of the contents and specifically disclaims any implied warranties or merchantability or fitness for a particular purpose. No warranty may be created or extended by booksellers or sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. The author shall be not be held liable for any loss of profit or any other personal or commercial damages, including but not limited to special, incidental, consequential, or other damages.

    Table of Contents

    Introduction

    Hope and Happiness

    Where were you in 1969?

    Getting beyond the fear of death

    Boomers’ Leadership Needed

    Will Boomers Give Their Best?

    Shared Thinking

    Hope and Inspiration in Tough Times

    Life is About Hope Not Happiness!

    Love, Marriage and Friendship

    Sex Lives of Older Women

    When Lovers Part

    Revisiting The Joy of Sex

    Boomer Grandmothers on Mother’s Day

    Mother of the Bride

    For Boomer Women: Friends Matter

    Sex and the Single Senior

    What Boomers Don’t Know About Love and Marriage

    Marriage in America

    Finding Love Later

    Does an Empty Nest Spell the End of Your Marriage?

    Jane Fonda on alpha men, forgiveness and mellowing with age

    Encore Career and Second Life

    Starting New Careers

    Brain Drain

    Self-Coaching Guide for Boomer Women

    What Have You Missed in Life?

    Leaping into our Second Life

    Un-Rooted Boomers Take Root in France

    Health, Fitness, Parenting and Aging

    Baby Boomers; the Next Elders

    Boomer Parents Still Supporting College Graduate Children

    Boomers’ Kids Graduate But Aren’t Being Recruited

    Gen Y/Millennials Shaking Up the Workplace

    This isn’t Supposed to Happen to Me

    Fearless

    Boomer Choice: Old or Beautiful

    An Adult Children Parenting Guide for Boomers

    Boomers Coping with Alzheimer’s

    The Brain and the Mouth

    Retirement

    Boomer Views of the Golden Years of Retirement

    Retirement Readiness

    Boomers’ Spending Binge Hinders Retirement

    When in Doubt, Your Stockbroker Will Not Tell You to Get Out

    Starting Over After Involuntary Retirement or Unemployment

    A Retirement Guide

    Where Will Baby Boomers Live?

    About the Author

    Introduction

    Baby Boomers are becoming aware that they are experiencing a different type of retirement than the previous generation.

    Compared to other generations, these confident and independent Baby Boomers admit that:

    + They need more money than their parents' generation to live comfortably.

    + Their generation is more self-indulgent than their parents'.

    + They will be healthier and live longer.

    Most Baby Boomers (the cohort of Americans born between 1946 and 1964) believe that they will still be working during their retirement years. The oldest, born in 1946, reached 65 in 2011 as they begin retirement age over the next several years.

    8 in 10 Plan to Work at Least Part-Time

    Eight in ten say they plan to work at least part-time--and others envision starting their own business or working full-time at a new job or career--according to an AARP Segmentation Analysis: Baby Boomers Envision Their Retirement.

    The fact is older boomers, those born between 1946 and 1955, had a median household net worth of just $146,050 in 2001, according to an analysis of Federal Reserve data by AARP. Half of this net worth was accounted for by savings accounts, mutual funds and other financial assets with the rest tied up in home equity.

    Financial stress is the dominant theme of a Putnam Investments survey of 2,000 people who retired between 1998 and 2002. Some 70% said they wished they had saved more, and 59% regretted they didn't start investing earlier to meet their higher-than-anticipated expenses.

    According to a survey by John Hancock Financial Services, the average 401(k) participant expects to retire at about 64 1/2 years old. That's up more than three years from a 2002 survey, and up nearly five years since 1995.

    If these workers carry through with their plans, they would reverse a 50-year trend toward earlier retirement. According to the Bureau of Labor Statistics, men retired at an average age of 62 between 1995 and 2000, and women quit at 61 1/2. In 1950, the average retirement age was 67.

    Governments and companies around the world are shifting retirement risk to individuals. The troubling news is that neither workers, retirees, nor the financial world are adequately prepared. Few Americans realize how long they can expect to live, or how much retirement will cost. Don't expect to rely on the government or your former employer as you plan for your retirement years. There will still be a safety net, but proceed as if you are on your own.

    Today, many seniors have been forced back to work by financial need. The impact of the new global economy and the financial effects of the lengthy bear market on 401(k) plans have affected thoughts of retirement. A staggering half of households headed by 50-to-59-year-olds have $10,000 or less in their 401(k) accounts even as public and employer retirement benefits are being trimmed. With little net worth to fund retirement, there is now an exodus out of retirement to working. Most are healthy go-getters who would rather work than scrimp and save in an idle retirement. By 2015, estimates the National Council on the Aging, 20% of the U.S. work force will be over age 55, up from 13% in 2000.

    This phased retirement of Baby Boomers

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