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Female Baby Boomers Triumph in Retirement Thumbnail

Female Baby Boomers Triumph in Retirement

Growing up, baby boomer women were the first generation to begin to experience the notion of gender equality and the benefits that came with it.

When they entered the workforce, Baby Boomer females changed the way women were viewed and showed the world what they were capable of achieving. And now that they’re in retirement or approaching it, these women are once again at the forefront of changing expectations about life after exiting their careers. Decades ago, they altered the face of the workforce in dramatic ways, and now they’re bringing that same energy to retirement.

Embrace the transition.

To plenty of female Baby Boomer professionals, the idea of retirement is a challenge. After spending decades striving to achieve success and independence, leaving the workforce can be a difficult shift. There’s a certain loss of identity, as well as a loss of routine and of workplace friendships. But when these women take on retirement with the same resourcefulness, confidence, and tenacity they did during their careers, they realize that retirement offers plenty of advantages, too.

It’s an opportunity to try something new. 

Many Boomer retirees return to past interests or work to develop the creative talents they’d set aside. Others find comfort in testing out new ideas for putting their professional expertise to work in new ways, such as consulting, nonprofit, or volunteer endeavors. Professional women from this era tend to feel that working part-time in retirement is very important from the psychological and social perspective. Work keeps them engaged, motivated, and connected.

Who am i?

The successful retirement transition is aided by finding others who are going through or anticipating this sometimes-challenging phase of life. Joining groups and talking with friends who have already retired and asking how they got through it gives fodder for creativity and provides a supportive environment.

There's strength in numbers.

Many Boomer retirees return to past interests or work to develop the creative talents they’d set aside. Others find comfort in testing out new ideas for putting their professional expertise to work in new ways, such as consulting, nonprofit, or volunteer endeavors. Professional women from this era tend to feel that working part-time in retirement is very important from the psychological and social perspective. Work keeps them engaged, motivated, and connected.

It's not retirement; it’s simply shifting gears. 

Women who effectively adapt to retirement take it head on. Such individuals are actively involved in deciding what options they have. Knowing their strengths and areas of expertise, and curating their use, is powerful stuff. They take charge of their actions and ask themselves, “How do I want to use my resources, talents, and time?" Former Boomer professional women remain vital and focused by doing what they enjoyed the most during their careers. That lends itself to creativity, to being engaged with others, and to feeling valued. That kind of positivity ensures they’ll come out on top in their transition into retirement and thrive.

If you’re seeking sound guidance, our seasoned advisors are here to help. Please contact us today to get started.

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About FAI Wealth Management, Inc.: Located in Columbia, Maryland, FAI focuses on helping clients create the financial future they desire by protecting their wealth, making the most of their assets, and planning for life’s uncertainties. The firm combines fee-only, fiduciary-driven guidance with highly personalized, consultative financial planning and investment services that enable individuals, families, and businesses to navigate complex life transitions. Founded in 1987, FAI currently manages more than $350 million in client assets nationwide. For more information about FAI Wealth Management, please visit the website at https://www.faiwealth.com or call 410.715.9200.
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