Thursday, August 28, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

A bunch of baby boomers in denial

By
From page OSF2 | June 12, 2014 |

As the 78 million baby boomers are pushed into the ranks of senior citizenship with each passing year, far too many are living in denial and are ill-prepared for the health and financial realities of their future.

The generation that is associated with the mantra “Don’t trust anyone over 30” is railing against an ageist society that they helped create. Clinging to illusions of perpetual youth, the boomer generation has failed to adequately prepare for the inevitability of their own aging.

Try as they might to push back the official designation of becoming a senior, 60 is not the new 40, and 70 is not the new 50. Changing terminology does not change reality. A 65-year-old “mature adult” or “working retiree” is no different from a 65-year-old “senior.”

Time for a reality check

Despite claims that they are more youthful and healthy than preceding generations, a study published in the Journal of American Medical Association (2013) titled “The Status of Baby Boomers’ Health in the United States: The Healthiest Generation?” found otherwise.

Fewer boomers rated their heath as excellent compared to traditionalists, those born between 1900-1945. They had higher blood pressure, cholesterol, hypertension and greater rates of diabetes. Boomers are more obese, have more functional limitations and are more likely to use an assistive walking device.

When it comes to lifestyle factors, boomers are lagging behind there, too. Only 35 percent of boomers in the study reported that they engaged in regular exercise compared to 50 percent in the traditionalists group. More than half of boomers admitted that they had a sedentary lifestyle and did not engage in regular physical activity, compared to 17 percent of the older group. To be fair, boomers did better than their elders in smoking less; however, overall they fare much worse.

The authors concluded that “Despite their longer life expectancy over previous generations, U.S. baby boomers have higher rates of chronic disease, more disability, and lower self-rated health than members of the previous generation at the same age.”

Denial not limited to health

Boomers differ from previous generations in financial preparedness as well. Traditionalists are known for setting money aside, paying with cash, and saving. As a cohort, they were more financially conservative than boomers who frequently adopt a “buy now, pay later” approach to money management.

A Retirement Confidence Survey conducted by the Employee Benefit Research Institute in 2013 found that 60 percent of workers age 55 and older have less than $100,000 in retirement savings, 43 percent have saved less than $25,000, and 36 percent have saved less than $10,000. To make matters worse, 46 percent of all workers surveyed do not even have a retirement plan.

The National Institute of Retirement Security (2013) found similar trends. In the report “The Retirement Savings Crises: Is it Worse Than We Think?” the authors found that the median savings for people 10 years away from retirement is only $12,000, and one-third of those ages 55 and 64 haven’t saved anything for retirement.

Despite the obvious lack of savings, more than two-thirds of workers report that they believe they are “doing a good job of preparing for retirement.”

Clearly, a discrepancy between perception and reality exists.

Failing to plan is planning to fail

American’s are known for their eternal optimism. Even when the recession ravaged our country, employment rates plunged and people lost entire savings, a national poll conducted by The New York Times and CBS found that 72 percent of Americans still believed in the American Dream. Optimism, coupled with a healthy dose of can-do attitude, keeps our hopes high and our outlook positive.

Optimism without action, however, does little to replenish bank accounts or maintain health. While still in good health and reaping the benefits of employment, it is easy to forget the impermanence of both. Unfortunately, many boomers face a bleak future and rather than deal with this impending reality, they remain in denial.

A recent study by the Kaiser Family Foundation estimates that one out of five seniors in California are living in poverty. That number is expected to rise as the baby boomers continue to retire. Many seniors who currently don’t have enough resources to make ends meet report that it was unexpected health issues, the death of a spouse, or outliving their resources that sent them spiraling into financial crisis.

Physical and financial health are inextricably linked in our older years. In order to be adequately prepared one must develop and follow a plan to maintain physical health as well as financial health.

Solano County, the Senior Coalition and the Solano Safety Net Steering Committee are hosting a Senior Poverty Summit on Tuesday to explore the severity and prevalence of poverty among seniors in the county. For information on the summit or to register, call Evelyn at 784-8269.

Rochelle Sherlock, M.A., is a consultant/adviser to the Senior Coalition of Solano County, an advisory board to Solano County’s Board of Supervisors.

Rochelle Sherlock

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

Solano News

 
Locke an unparalleled universe in the Delta

By Susan Winlow | From Page: A1, 1 Comment | Gallery

Small-town heroism on display in Napa

By Angela Borchert | From Page: A2

 
 
Review set for Vacaville fitness center suit

By Ryan McCarthy | From Page: A3

 
Fairfield motorcyclist hurt in Beck Avenue crash

By Ian Thompson | From Page: A3

 
Chamber event looks at health care law

By Barry Eberling | From Page: B5 | Gallery

Fairfield police log: Aug. 26, 2014

By Susan Hiland | From Page: A5

 
Winterhawk Winery up for auction

By Barry Eberling | From Page: B5, 2 Comments | Gallery

Suisun City police log: Aug. 26, 2014

By Susan Hiland | From Page: A5

 
.

US / World

Boy hurt in California quake: ‘I should be dead’

By The Associated Press | From Page: A1, 3 Comments | Gallery

 
California beach town sees flooding from hurricane

By The Associated Press | From Page: A5

California Senate passes gun restraining order

By The Associated Press | From Page: A5

 
Lawmakers approve groundwater management bill

By The Associated Press | From Page: A5, 5 Comments

California sets ride-sharing insurance standards

By The Associated Press | From Page: A5, 1 Comment

 
Feds allow logging after huge California wildfire

By The Associated Press | From Page: A5

Q&A: Few laws govern children at shooting range

By The Associated Press | From Page: A6

 
Mom pleads for release of captive US journalist

By The Associated Press | From Page: A6 | Gallery

Israeli premier, Hamas declare victory in Gaza war

By The Associated Press | From Page: A6, 1 Comment | Gallery

 
Q-and-A on Westerners who join the fight in Syria

By The Associated Press | From Page: A6

Sources: US considering new relief mission in Iraq

By The Associated Press | From Page: A6

 
Shooting by 9-year-old girl stirs debate over guns

By The Associated Press | From Page: A6, 4 Comments

US to consider spousal abuse in immigration claims

By The Associated Press | From Page: A6

 
UK sex abuse report prompts outrage, reflection

By The Associated Press | From Page: A6, 1 Comment

Dad acquitted in slaying of driver who killed sons

By The Associated Press | From Page: A6, 5 Comments

 
.

Opinion

Seizing the day with old friends

By Kelvin Wade | From Page: A11, 2 Comments

 
Signs of possible healing in Ferguson

By Jay Ambrose | From Page: A11, 4 Comments

Poor constituent service no longer acceptable

By Ruben Navarrette | From Page: A11

 
Editorial Cartoons: Aug. 28, 2014

By Kim Durbin | From Page: A11

Let’s improve entertainment control units

By Letter to the Editor | From Page: A11, 8 Comments

 
.

Living

Today in History: Aug. 28, 2014

By The Associated Press | From Page: A2

 
Community Calendar: Aug. 28, 2014

By Susan Hiland | From Page: A2

Horoscopes: Aug. 28, 2014

By Holiday Mathis | From Page: A9

 
My boss insists that we all eat lunch with her in cafeteria

By Kathy Mitchell and Marcy Sugar | From Page: A9

.

Entertainment

TVGrid

By Daily Republic Syndicated Content | From Page: B5

 
Source: BET suspends producer after Blue Ivy joke

By The Associated Press | From Page: A10

Judge lets ‘X-Men’ director’s accuser drop lawsuit

By The Associated Press | From Page: A10

 
Rapper Young Jeezy pleads not guilty to gun charge

By The Associated Press | From Page: A10

‘Cops’ crew member killed in Omaha police shooting

By The Associated Press | From Page: A10

 
Chris Soules is ABC’s new ‘Bachelor’

By The Associated Press | From Page: A10

John Lennon’s killer sorry for being ‘an idiot’

By The Associated Press | From Page: A10, 1 Comment

 
Reality star accused of rape, child molestation

By The Associated Press | From Page: A10

.

Sports

Fuld’s homer in 9th lifts A’s over Astros 5-4

By The Associated Press | From Page: B1

 
Posey hits game-ending 2-run homer for Giants

By The Associated Press | From Page: B1

 
Maria Sharapova comes through in 3 sets at US Open

By The Associated Press | From Page: B1 | Gallery

Raiders rookie QB Derek Carr to start vs. Seahawks

By The Associated Press | From Page: B1

 
USC’s Shaw admits to lying about injuries, rescue

By The Associated Press | From Page: B2

IndyCar sets April 12 New Orleans date

By The Associated Press | From Page: B2

 
No. 23 UNC suspends 4 players for opener

By The Associated Press | From Page: B2

Clippers sign Doc Rivers to 5-year extension

By The Associated Press | From Page: B2

 
Cal needs more from its running game

By The Associated Press | From Page: B2

Stanford’s Kevin Hogan a ‘stabilizing agent’ at QB

By The Associated Press | From Page: B2 | Gallery

 
Chicago’s Little League champs return as heroes

By The Associated Press | From Page: B2 | Gallery

NFL suspends Browns star WR Gordon for 2014 season

By The Associated Press | From Page: B2

 
Keenum, Savage to settle Texans’ backup QB duel vs. 49ers

By The Associated Press | From Page: B2

Raiders hope rebuild pays immediate dividends

By The Associated Press | From Page: B3

 
After trio of near misses, 49ers chase Super Bowl

By The Associated Press | From Page: B3

.

Business

US economy forecast to grow by 1.5 percent in 2014

By The Associated Press | From Page: B6

 
Malaysia Airlines set for shakeup after disasters

By The Associated Press | From Page: B7

IMF chief Lagarde under investigation in France

By The Associated Press | From Page: B7

 
SEC adopts rules on loan-backed securities

By The Associated Press | From Page: B7

Stocks drift higher; S&P 500 holds on to 2,000

By The Associated Press | From Page: B7

 
Reports: FBI probes JPMorgan hack

By The Associated Press | From Page: B7

Time Warner Cable says outages largely resolved

By The Associated Press | From Page: B7

 
Video games come of age as spectator sport

By The Associated Press | From Page: B7

.

Obituaries

Fernanda Dee Villarosa

By Nancy Green | From Page: A4

 
Herman P. Sorensen

By Nancy Green | From Page: A4

Lyle R.C. Cullum

By Susan Hiland | From Page: A4

 
.

Comics

Beetle Bailey

By Daily Republic Syndicated Content | From Page: A8

 
Blondie

By Daily Republic Syndicated Content | From Page: A8

Baby Blues

By Daily Republic Syndicated Content | From Page: A8

 
Pickles

By Daily Republic Syndicated Content | From Page: A8

Zits

By Daily Republic Syndicated Content | From Page: A8

 
Peanuts

By Daily Republic Syndicated Content | From Page: A8

Rose is Rose

By Daily Republic Syndicated Content | From Page: A8

 
Frank and Ernest

By Daily Republic Syndicated Content | From Page: A8

Wizard of Id

By Daily Republic Syndicated Content | From Page: A8

 
B.C.

By Daily Republic Syndicated Content | From Page: A8

Sally Forth

By Daily Republic Syndicated Content | From Page: A8

 
Garfield

By Daily Republic Syndicated Content | From Page: A8

Dilbert

By Daily Republic Syndicated Content | From Page: A8

 
Get Fuzzy

By Daily Republic Syndicated Content | From Page: A8

Baldo

By Daily Republic Syndicated Content | From Page: A8

 
For Better or Worse

By Daily Republic Syndicated Content | From Page: A8

Cryptoquote

By Daily Republic Syndicated Content | From Page: A9

 
Crossword

By Daily Republic Syndicated Content | From Page: A9

Word Sleuth

By Daily Republic Syndicated Content | From Page: A9

 
Sudoku

By Daily Republic Syndicated Content | From Page: A9

Bridge

By Daily Republic Syndicated Content | From Page: A9