Central Florida has to be the RV capital of the world. If not, then it has to be right up there near the top. The great exodus from the north happens in late fall much like the migration of birds. Thus the term ?snowbirds? was coined. Since the baby boomers have hit retirement age, things have really exploded. Had I been looking ahead, I would have jumped into the RV business years ago.
The classified ads are full of RVs for sale, RV lots for sale, used RVs for sale, and RV parks for sale. Wait a minute; did I say RV parks for sale? Maybe I should check this one out.
The baby boomers spend more on themselves than their parents ever did. Their parents were survivors of the Great Depression and World War Two. Their goal was saving money not spending it. There was always the possibility of another depression in the back of their minds. This baby boomer generation, including myself, goes on the idea that you only live once and you may as well enjoy it.
Baby boomers have the luxury of their parents? hard work and sacrifice that has made their life easier. The get it now generation certainly has kept the economy strong by their spending habits. Let's face it, we are spoiled.
So by the good fortune of our parents? wisdom, and a strong steady economy, we baby boomers can retire early, afford that big RV, and hit the road without a care in the world. Never before has a generation had it so easy.
RVs are getting bigger and more luxurious with every new model. Gone are the days of pop up campers or truck campers. Trailer campers are no where near as popular as they once were. This generation wants the big motor home. Home away from home is what we want. Television, microwave ovens, laundry facilities, and air conditioning are all necessities. This is great isn't it?
So baby boomers keep buying those big RVs, your children need the work.
Baby Boomers And Health
Mr. Gordon said, “Baby boomers fundamentally will reinvent retirement. With boomers living longer and remaining engaged and employed beyond age 65, many of the traditional financial assumptions regarding retirement need to be re-examined”.
Interesting points that emerged from the survey were:
The unpredictable cost of illness and healthcare is by far the biggest fear. Baby boomers are three times more worried about major illness (48%), their ability to pay for healthcare (53%), winding up in a nursing home (48%) than they were about dying (17%).
Due to increased longevity, baby boomers will create a whole new life stage. Since the “normal” retirement age was established way back the average life expectancy of a retiree has increased by 7 years. We all dream about taking that around the world cruise and seeing our grand kids through college.
Since most baby boomers should be past the seven year itch phase I wonder what we could call these 7 years. Hopefully they won't be the 7 lean years.
To most people retirement always appears as a distant responsibility and many people are caught with lack of sufficient funds to retire financially secure.
I've always found it tragic that our seniors end up on the outskirts of society, their accumulated wisdom going to waste, outcasts of a society that worships the beautiful and fresh.
I do however have a lot of faith in the ingenuity of baby boomers, it has definitely been one of the most relevant and vibrant generations, it will be interesting to see how we handle and improve retirement.
One thing that is becoming apparent is that many baby boomers are planning to continue working and being productive during their retirement years, with technology becoming more widely used, the Internet a whole new business arena is evolving and becoming available to baby boomers.
Judging from some of the online business opportunities out there, there are numerous very effective and proven paint by numbers business plans which could easily be operated from home or your favorite coffee shop, with tremendous income potential.
In the USA alone a new millionaire is made everyday in the direct selling, network marketing industry. We are seeing a steady influx of baby boomers into these arenas, learning from the technology savvy younger generations and complimenting it with their vast knowledge and experience.
I'm positive that harnessing technology and future advancements baby boomers will effectively overcome all the challenges facing them as they embrace this new chapter of their lives.
Imagine not having to worry about the financial challenges that might lie ahead once you've retired; imagine building a multi million online empire as your legacy.
The reality is you can and you can do this without leaving you home, neat, isn't it? We are living in a very exciting time and our opportunities are now more than ever.
Both Carl Kinnebrew & Tonie Konig are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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