This weekend I had nothing planned with friends or family. Going to the lake was not an option because the AC there is awaiting repairs. Thus, I had to come up with some activities to fill my day so that I would not end up a couch potato in front of the TV. It was sort of like another small test run of being retired as a single guy. So, late Friday afternoon I decided to go people watching. As a retiree I will have plenty of opportunities to do that, won’t I?
We have all heard that the future cost of health care is a huge retirement wild card. I consistently read retirement health care cost estimates in the low to mid six figures. At 65, we are eligible for Medicare but it doesn’t cover everything. Also, are these general cost estimates applicable to all of us? Not necessarily. In some cases, luck is involved. In other cases, your current health status can be a predictor of future costs. A free tool from the AARP tries to take all of that into account to give you a number that you can work with, a number that will scare you, or both!
I managed to squeeze in two trips to the movie theater this week. On Friday afternoon I saw Hercules. (Save your money on this one.) My real purpose on Friday was to check out a restored downtown theater in Princeton, Kentucky. This is the closest theater to my lake home, a 25 minute drive.
I returned from my 45th year high school reunion on Monday morning. I had a fantastic time at the reunion events and enjoying other activities with my high school friends. I think I smiled – at least internally – the entire long weekend. I also came away with some new and updated baby boomer insights.
On Thursday I depart for upstate New York to attend the 45th reunion of my high school class. I have attended every reunion (at 5 year intervals) starting with the 20th year. The format this year is typical of past reunions: Happy hour/mixer on Friday evening; picnic on Saturday afternoon; dinner/dance on Saturday night; and brunch on Sunday morning. We have all of these activities because we have a fantastic organizer. On the other hand, for me this reunion will be different from the others.
I’m averaging about four trips per month to the local theaters to see a newly released movie. This past week I saw three: Jersey Boys (with a friend – he hadn’t been to a movie theater in 20 years!); Dawn of the Planet of the Apes (with my sons and daughter-in-law); and Begin Again (by myself). I liked all of them. I suspect that many of my fellow baby boomers will as well.
Do you ever think that getting older is a disease that can be cured? Are you in search of the latest age-defying miracle? I don’t think I’m one of those folks looking for the fountain of youth. On the other hand, I was harshly reminded last week that I am aging.
Oversized recurring expenses are the enemy of a responsible retirement plan. (That’s my opinion and I’m sticking to it!) The culprits at the top of the recurring payment lists are mortgage payments and car payments. When I retire, I won’t have either, unless someone wants to offer me a loan at 0% interest.
As a baby boomer, how often have you wondered what the very best exercise is for you to do on a regular basis? The question is important because most of us don’t want to exercise – just for the sake of exercise – any more than reasonably necessary. This means selecting exercises that are effective and time efficient. So what is the best baby boomer exercise?
Most of the “retirement” stories we read these days in the mainstream media seem to fall into two categories: (1) how poorly prepared baby boomers are for retirement; or (2) success stories of those who retired with plenty. I have to acknowledge my part in this, as I pass on gloom and doom stories here regularly.