Will people like us, born in the 1950s/60s, be able to manage financially and spiritually when we retire? And will we be happy?
2007-06-12 08:04:51 · 7 answers · asked by Anonymous in Society & Culture ➔ Cultures & Groups ➔ Other - Cultures & Groups
Good question. The good thing is, you're thinking about it now. Finances need to be planned. Insurance, medical insurance, savings plans, 401 Ks, etc.
Spiritually? Get a good church home now, somewhere that you're comfortable with. Get into some church activities. Can you work on potluck dinners? Teach sunday school? Work on church fundraisers? Senior Citizen activities?
I was born in the 40s, recently retired. I was lucky enough to have a husband who planned and saved, and we're doing fine financially. Don't have a lot extra, but there is enough. We moved into a home that's comfy and in a wonderful quiet place, near the lake. Great neighbors.
I joined one of the 2 protestant churches in this area. Started volunteering for things. We do potlucks once a month. I take my turn teaching Jr Church, am learning to take over a Sunday school class soon on my own. I worked on the midweek children's services thru the school year.... In addition, I found a weekly ceramics class that I really love. My husband has found a volunteer men's project that really helps people, and has some events where he meets with the other guys.
The secret is, find useful ways to volunteer your time. There are lots & lots of organizations, etc who need a helping hand. Many things that a senior can easily do, that really help the people of your community. Look around, and you will see the needs.
You have to feel useful and needed. You need a good reason to get up every morning.
2007-06-12 08:23:21 · answer #1 · answered by kiwi 7 · 0⤊ 0⤋
Good question. I guess it depends on what kind of retirement $$$ you have saved up from the last 30 years or so. Who knows if Social Security is going to be there when it is time to collect & then that isn't much. Happiness is a state of mind. Spirituality is a state of mind as well. I can not answer for you but only myself.
2007-06-12 08:14:10 · answer #2 · answered by simplesimon 5 · 0⤊ 0⤋
My mom is a baby boomer and is currently enrolled in a stellar university and has a great paying job. She has good health insurance and always puts a little money away for hard times and retirement. I'm certain that any baby boomers (or non baby boomers) who work hard and put money away will be just fine in the future.
2007-06-12 09:39:41 · answer #3 · answered by Shay 4 · 0⤊ 0⤋
I know I will not have enough money to retire on in the foreseeable future. As a taxi driver I can, health permitting, work till I am 70 what I do then I haven't the foggiest. I am trying to not let it bother me, because Jesus has always been there in the tough times.
I do know a family of similar age who are getting quite bothered and anxious. I know money is not the be all and end all of life, but there has to be enough to pay the high council, heating, lighting, water bills plus buy food.
Happy now but do not know about the future.
2007-06-12 08:16:14 · answer #4 · answered by Jim 5 · 0⤊ 0⤋
depends upon the individual and the plans one starts to make now. be prepared to accept the good and bad in life since one has both. plan on what you feel is important to your happiness in retirement and be certain to have plenty of resources to enjoy the lifestyle you desire at retirement.
2007-06-12 08:25:21 · answer #5 · answered by Marvin R 7 · 0⤊ 0⤋
thats an unknown question- I have my pension but the government is mucking about with it and I stand to lose most of it so my financial future is insecure so i don't know whether I will be happy or not??
2007-06-12 08:09:24 · answer #6 · answered by Mumofthree 5 · 0⤊ 0⤋
I am glad I don't know that. I am saving money and also, I am practicing being happy right now.
2007-06-12 08:07:31 · answer #7 · answered by Anonymous · 0⤊ 0⤋