Book
Summary
Book:
Happy About Being a Baby
Boomer
Catherine
Kitcho, Author of "Happy
About Being a Baby Boomer:
Facing our Newfound Longevity",
has been a Baby Boomer all
her life and has been fascinated
by the social, political and
cultural impacts that this
generation has had upon American
life. The first wave of Baby
Boomers is now turning 60.
Now that life expectancy has
increased dramatically over
the last 2 decades, Baby Boomers
must face the fact that they
will be around an extra 30
or so years. This raises significant
issues: how healthy are they
going to be during those extra
decades, and will they be
able to get health insurance?
Also, how much money will
it take just for the basics
of living 30 more years (and
will they be able to afford
their current lifestyle)?
These questions need to be
answered before they can determine
what else they will be able
to do with their "extra
decades".
'Happy About Being a
Baby Boomer' is a practical
'workbook' to use in planning
your remaining decades of
life.
Book
Table of Contents
- Introduction
- PART ONE: FACING
OUR TRUTH
Chapter
1: Longevity and Life Expectancy
A look at longevity trends
and the estimated life expectancy
of Baby Boomers, along with
other key statistics that
characterize our future.
Chapter
2: Why Should We Care?
The domino effect that
our newfound longevity has
on our lives, health, finances
and lifestyle.
Chapter
3: The Health Care Crisis
Health care trends that
will affect us as we age,
disease statistics, health
care costs and health insurance
issues that we will be facing.
- PART
TWO: PAYING FOR OUR EXTENDED
LIVES
Chapter
4: Do the Math
How to estimate our Longevity
Cost: the amount of money
it will cost Baby Boomers
to live those extra decades.
Also includes making adjustments
to Longevity Cost and conducting
what-if analyses.
Step-by-Step
Guide for Using Quicken®
to Calculate Longevity Cost
Chapter
5: Longevity Lifestyles
Decisions we may need
to make to pay for our newfound
longevity, including housing,
moving, marriage issues, gifting
and other lifestyle changes.
Chapter
6: Finding the Money
An examination of the
possible sources of income
available to us: from working,
Social Security, 401(k) plans,
real estate, pensions and
inheritances.
- PART
THREE: DECISIONS AND INSPIRATION
Chapter
7: Boomers March Forward
A list of decisions to
be made in workbook style
to enable discussions with
spouse or family.
Chapter
8: Personal Stories
Eight personal stories
of Boomers with varied living
arrangements, and how they
are planning for their longevity.
- Appendix
A: Longevity Plan Example
A quantitative, hypothetical
example to help readers go
through the process of estimating
Longevity Cost, examining
income sources, and making
adjustments.
- Appendix
B: References
- About
the Author
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