{"id":3333,"date":"2018-06-27T11:30:37","date_gmt":"2018-06-27T18:30:37","guid":{"rendered":"https:\/\/www.mqre.org\/?p=3333"},"modified":"2018-08-21T15:20:13","modified_gmt":"2018-08-21T22:20:13","slug":"boomers-and-the-meaning-of-life","status":"publish","type":"post","link":"https:\/\/www.mqre.org\/blog\/boomers-and-the-meaning-of-life\/","title":{"rendered":"Boomers and the Meaning of Life"},"content":{"rendered":"
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\"\"In terms of adult development theory, turning 50 is typically a time in life when individuals rethink the direction their lives are taking, confront their own mortality, and dare to ask themselves, \u201cAm I really <\/em><\/strong><\/span>happy?\u201d \u00a0<\/p>\n

However, what distinguishes Baby Boomers from previous generations is that they wear their mid-life angst on their sleeves. \u00a0Rather than indulging in a time of private reflection and silent suffering, Baby Boomers are forcing us to re-think what life at 50 and beyond could and should look like<\/strong>.<\/span><\/p>\n

One thing is for sure, as they march en masse through middle age and into old-age, Boomers will also reject en masse any semblance of a stereotypical retirement lifestyle.\u00a0 And, herein lies the problem: \u00a0Although Baby Boomers are crystal clear about what they don\u2019t want at mid-life and beyond, they are having difficulty defining what they do want.<\/p>\n

Rising to the challenge is a new breed of financial planner who is ready to help Boomers navigate a new life course.<\/strong><\/span>\u00a0 In fact, thought leader Bob Veres has long encouraged financial planners to embrace a new view of retirement and to help clients rethink how they prepare for and live in this stage of life.\u00a0 More than a decade ago, he wrote:<\/p>\n

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Today, many advisors have a clear recognition that retirement is a huge, dangerous transition, and that all-too-many people will unknowingly retire to lives of emptiness and meaninglessness. <\/em><\/p>\n<\/blockquote>\n

Veres further explained that forward thinking financial advisors are no longer doing traditional retirement planning, but rather are \u201chelping their clients transition from a job they dislike to meaningful work that they can do and enjoy as if it were play.\u201d<\/strong><\/span>\u00a0 In fact, these advisors are at the forefront of a new trend that includes integrating financial planning and life planning\u2014a \u201cWow, that makes sense!\u201d approach to helping clients first clarify their values, priorities, and aspirations before addressing assets and net worth. \u00a0<\/p>\n

Rather than engaging in the traditional financial monologue focused on \u201cmore is better,\u201d these unconventional financial planners ask their clients, \u201cWhat will bring your life meaning and purpose\u2014now and in the future?\u201d<\/strong><\/span>\u00a0Veres concluded:<\/p>\n

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Helping people move from work they dislike to work that is fulfilling and empowering is enormously valuable, and the bonus is that they can continue to do what they enjoy and escape the meaninglessness and emptiness of a retirement that puts them on the sidelines. \u00a0They can cut back and still remain relevant. Can you put a value on this?<\/em><\/p>\n<\/blockquote>\n\u201cWhat will bring your life meaning and purpose\u2014now and in the future?\u201d <\/a><\/span>Click To Tweet<\/a><\/span>\n

For the Baby Boomer disillusioned with the results of \u00a0\u201cusing my life to make money,\u201d the opposite mindset of \u201cusing my money to make a life\u201d is both liberating and compelling.<\/strong><\/span>\u00a0 They come to see life after 50 as a second chance to grab the brass ring on the merry-go-round of life. \u00a0For them, retirement looms on the horizon\u2014not as a respite from work but as an opportunity to explore new interests, stretch their comfort zones, and to give back to their communities via paid or unpaid \u201cwork\u201d that is both meaningful and important to them.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

In terms of adult development theory, turning 50 is typically a time in life when individuals rethink the direction their lives are taking, confront their own mortality, and dare to ask themselves, \u201cAm I really happy?\u201d \u00a0 However, what distinguishes Baby Boomers from previous generations is that they wear their mid-life angst on their sleeves. […]<\/p>\n

Read more\t»<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,36,34],"tags":[],"acf":[],"yoast_head":"\nBoomers and the Meaning of Life - MQ Research and Education<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mqre.org\/blog\/boomers-and-the-meaning-of-life\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boomers and the Meaning of Life - MQ Research and Education\" \/>\n<meta property=\"og:description\" content=\"In terms of adult development theory, turning 50 is typically a time in life when individuals rethink the direction their lives are taking, confront their own mortality, and dare to ask themselves, \u201cAm I really happy?\u201d \u00a0 However, what distinguishes Baby Boomers from previous generations is that they wear their mid-life angst on their sleeves. 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