Medical Travel – A Boom to America's Aging Baby Boomers

The Baby Boomers are best known for the non-conformity of the 1960s when they stood up to a government and a society that they found oppressive. It comes as no surprise that the Baby Boomers continue to redefine what it means to stand up and say no in today's world through their fight against unfair healthcare fees in the United States.

More than ever before, Baby Boomers are flooding south into Mexico hospitals for procedures ranging from the complex and cutting edge to some of the oldest standards that medicine has to offer. In fact, some are even choosing to receive checkups during medical travel to Mexico rather than maintaining a regular doctor stateside. These changes save Baby Boomers hundreds or even thousands of dollars in medical bills every year, even after considering the low cost of airfare between the US and the Mexico hospitals in question.

Financial Wisdom: Lower Costs across the Border

In America, any doctor has to contend with a myriad of financial constraints that threaten his or her practice and livelihood. Insurance agencies have a large industry presence, crowding out doctors that try to avoid participating in the insurer's costly plans. The result is rising prices for the patient, and increased co-pay amounts due to lower insurance coverage. In short, the amount covered by insurance is falling just as the amount charged by doctors and hospitals is rising. For many Baby Boomers, retirement expenses do not allow them to cover this gap.

Luckily, there are hospitals available just across the border. With medical travel in Mexico, these men and women are able to get the care they need without paying too much for it. They are able to maintain their health without completely losing control of their finances. The main differences between Mexico hospitals and US facilities are the control that insurance companies have over the market and the general cost of living in the area.

In Mexico, the medical care industry is not dominated by private insurance or the publicly traded corporations behind it. Doctors are free to set prices as they choose, based upon what they believe their services are worth. There is no upward pressure on prices, and so they remain at a reasonable level. The best hospitals typically charge 40% -60% less than the best American hospitals, and 90% of medical travel patients reported in a survey by the Medical Travel Association that the level of care offered was not only comparable to the US, but many times superior .. Because of the way Mexican health care is structured, doctors are less burdened and thus able to pass on the good prices to medical travelers.

Lower cost of living also plays a role. Doctors tend to charge partially based on what they need to survive, and on what their practice needs in order to stay abreast of the latest technology. In Mexico hospitals, all these costs are lower. From the cost of medical school education to building construction, wages and daily utilities, to some of the most recent equipment technology purchases, Mexican doctors pay less, and medical travel in Mexico reflects those savings as well.

Skilled Surgeons

One of the strengths Baby Boomers are noticing in Mexico hospitals is their ability to offer cutting edge treatments, such as spinal stabilization surgery and multifocal LASIK for presbyopia. Many of the doctors these Boomers choose have actually trained alongside the leading US experts, and have the same degree of skill. The Boomers are getting the same quality of care, but because they choose medical travel in Mexico, the cost is tens of thousands of dollars lower.

A Comfortable Place to Recover

In the past, some Boomers might have been concerned to spend the night so far from home. But as hospitals have continued to develop, they have become almost indistinguishable from any American hospital. Spending the night after medical travel in Mexico is no different from the night after a surgery stateside, the only difference is that home is a plane ride away rather than a car trip.

However, few Boomers seem to be bothered by the idea of ​​distance. In fact, many report better treatment in private Mexico hospitals than in US facilities. Staff is said to be more attentive, doctors more caring, and nurses more focused, with a lower ratio of nurses to patients. Overall, medical travel in Mexico produces as many positive responses in the Boomers as medical treatment in the US and in many cases produces far more.

The Big Picture

The Baby Boomers are the first aging generation to have access to the excellent private Mexico hospitals provided by medical travel in Mexico, and they are taking full advantage of everything that America's southern neighbor has to offer. From dental care to checkups to major surgery, the Baby Boomers are filling Mexico's state-of-the-art medical facilities and reaping the rewards. And in the face of rising costs at home, it seems unlikely that they will be returning to their local doctors any time soon.

Millennials are more vulnerable to scams than baby boomers according to a BBB report – Alabama's News Leader

With school starting for college students, parents may be wondering: “is my child ready for the world?”

According to the Better Business Bureau, when it comes to scams, they may not be.

The report shows that scammers are going after students, looking to capitalize on loan payments.

“They’ll call you and demand money, saying you owe taxes, but in this case, their going after students,” Eric Gossett with the BBB said.

They are targeting freshman, demanding they pay up for student loans.

“They are already stressed out, school is starting, then you get this phone call from someone you don’t know, saying they are from the government and they’re going to take away your student loans, so most students reaction is to pay the money,” Gossett said.

He says the name that shows up on your caller ID may look like it’s from the government, but he says the federal government will never call you asking for payment over the phone.

Another red flag.

“Most of these IRS scams when they ask you to pay money, they’ll ask you to wire it to them, cause it’s the easiest way to get money,” Gossett said.

Some young people often think they’ll see a scam from a mile away.

But it turns out, millennials are more vulnerable to scams than baby boomers according to a BBB report.

“They’ve grown up thinking that they have all of this knowledge regarding these scams, but in reality scammers are just finding new ways to get to them so red flags aren’t raised when they should be,” Gossett said.

If you would like to view the report CLICK HERE.

What the Perfect Baby Boomer Fitness Program Should Look Like

This is the perfect baby boomer fitness program, and I wanted to give you an example. This is a perfect program for you if you are a baby boomer and your goal is to have good health and general fitness. The baby boomers are ageless, I have been a personal trainer for over 25 years and I know since that is the majority of my clients, so I know what works.

Most people have no clue how long you need to work out each week to be fit. If you watch what you eat you can control your weight with diet, which I highly recommend, then you do not have to work out that much to stay in good shape. If you are an active person then you are already half way there.

Your main goal should be to increase your lean muscle mass, improve your cardiovascular system, and keep yourself flexible and agile. To improve your cardiovascular system you should do some form of aerobics two or three times a week. To improve your muscular strength and increase your lean muscle mass, you will need to be doing resistance training two days a week. Then to improve your flexibility and agility you will be moving in all plains of motion a couple a times a week.

If you are eating a healthy diet made up of whole natural food, you don`t have to spend hours and days in a gym burning off unwanted calories. You can go work out to improve our lean muscles, a stronger, heart and a flexible body instead of trying to get rid of calories.

Your perfect baby boomer fitness program should look like this:

* 30 minuets of aerobics 2 or 3 times a week. Swim, bike, walk, anything aerobic for 30 minuets at your target heart rate.

* Do resistance training 2 days a week. You can train your whole body with resistance exercise, you can train at home or at a gym with resistance bands or free weights for 30 minuets.

* 10 minuets of dynamic movement for 10 minuets 2 days a week. Callisthenics for the whole body is a good way to keep you flexible an agile.

For example

Day 1- 30 minuets aerobics training

Day 2- 30 minuets resistance training

Day 3- 10 minuets dynamic training

Day 4- 30 minuets aerobics training

Day 5- 30 minuets resistance training

Day 6- 30 minuets aerobics training

Day 7- 10 minuets dynamic movements

You see the if The So you are On a by baby boomer and you do this by baby boomer fitness for a program A it does not take much to live a fit and healthy lifestyle.

Best- Mike Cola

Vacation Rental Homes – Baby Boomers Lead Luxury Vacation Rental Travel Trend in Costa Rica

Baby Boomers set their first travel trend in the 60's when they strapped on backpacks and explored the world. Travel was an intoxicating, powerful drug. It was an ever changing high from the Gringo Trail in South America to the beaches of Costa Rica. Boomers were hooked.

Travel as a primary essence of living defines the 78 million-strong Baby Boomer generation as much as feeling "forever young" and being born between 1946 and 1964. Now that Boomers have more ka-ching they reminisce fondly about their tattered backpack days but their taste in travel has evolved. They feel they've earned the right to be pampered a little. Boomers have traded their sleeping bags for luxury vacation rental homes.

Heather Blanchard is the owner of Manuel Antonio Vacation Rentals in Costa Rica and represents some of the finest luxury homes in this beach community. She says, "In the last 3 years our number of Baby Boomer clients has sky-rocketed. They began as a trickle in 2007, now they dominate our guest list."

Read on and decide if Baby Boomers are onto something here.

They Work Hard for the Money

Putting everyone up in luxury hotels rooms just does not make economic sense anymore, especially for Boomers traveling with multi-generational families. A party of 6 paying for 3 rooms can add up to $ 8400 or more for 7 nights. Tally up 18 meals a day, tours, activities, entertainment, tips and incidentals and costs could top $ 15,000- $ 20,000 for one week.

If you plan to travel to Costa Rica with family or friends the money you'll save by renting a vacation home will be significant. Luxury vacation rentals range between $ 3,500 and $ 7,000 per week for 3-7 bedrooms. You'll save even more money when you are not forced to entertain out every night. Most luxury rentals come equipped with DVD players and libraries, games, private swimming pools and hot tubs with no "closed" hours. You'll also have the benefit of being able to eat as many meals at home as you want to and the kitchen is open all night.

Sweet Home, Costa Rica

Baby Boomers love the intimacy a home provides, especially when they travel with family. There are no austere hotel lobbies or generic rooms. A vacation rental feels more like a home-away-from-home. There are pots and pans in the kitchen and private gardens to enjoy.

D'Arcy Rudnay from Philadelphia, PA recently spent a week with her family including grown children in a beachfront luxury villa in Manuel Antonio. She says, "Staying in a vacation home allowed us to reconnect as a family since we now live in different parts of the US We all got to enjoy each other."

Taking Care of Business

Like many of us, Boomers feel time-deprived. When they travel they like a little help with the details. They've stumbled upon a great luxury vacation home rental perk – most of them in Costa Rica include concierge service or offer it as an option. A concierge saves precious vacation time by presenting the best options for tours and activities. Booking services are free.

Susan Ranger, the concierge for Manuel Antonio Vacation Rentals in Costa Rica says, "Our Baby Boomer guests have discovered luxury vacation rental home stays allow them to fulfill all their family and work commitments within their limited time. Amenities like free wireless Internet mean they can take a few minutes to connect with work or responsibilities at home without feeling like they're missing out on vacation activities. "

Baby Boomers are still high on travel and still setting travel trends worth paying attention to. From great amenities to great values ​​Boomers have discovered perks that free them up to enjoy stress-free, quality time with their family and friends. Check online for the many luxury vacation rental home options available throughout Costa Rica. The home you find just may change the way you travel forever.

The Baby Boomer and Long Term Care Insurance

Not quite long ago, a new research by the American association of Life Insurers (ACLI) has revealed that baby boomers require to pay attention to the very genuine option they may possibly require long-term care. The logic being the increasing long-term care costs, Long-Term Care Insurance or Medicaid. Who will reimburse for Baby Boomers Long-Term Care? Sounds the alarm on a impending national long-term care crisis. More crucial, it is a call to action for persons to include long-term care in their retirement planning.

The research shows that a one-year stay in a nursing home averages almost $ 75,000 for a exclusive room or more than $ 62,000 for a semi-private room. By the year 2030, the same stay in a semi-private room will cost an estimated $ 195,000, more than tripling over the next 25 years. Majority of Americans can not save a sufficient amount to cover these astronomical costs on their own. Americans are living longer than ever before. That is a pleasant news, but it has several risks. One of those risks is that many upcoming retirees will be facing enormous long-term care costs.

Indeed, this matter is of particular relevance to women because, generally, they tend to live longer than men. A 65 year-old woman has a 50 percent probability of wanting nursing home care in her lifetime, a cost that might potentially wipe out her retirement savings. The question now is what can be done? Life insurers suggest long-term care insurance. Long-term care insurance is a fundamental element of a sound financial strategy for retirement. It helps individuals maintain self-sufficiency in retirement if they require long-term care services.

On the other hand, long-term care policy holders do not have to depend mostly on government programs or their household to pay for care. Moreover, the product has evolved over the years. It now offers a broad range of services in a variety of settings. Some well recognized policies may include reimbursement for respite care, medical equipment, care coordination services and also home modification. Long-term care insurance provides retirement security to millions of Americans.

But the reality is that plenty of people deserve the protection it offers. With long-term care insurance as part of a retirement plan, majority of Americans are at this point better equipped to safeguard their life-long savings and maintain their standard of living. This is without doubt, a good development and a good news for everybody.

At HP, baby boomers allege age discrimination – Computerworld

Four former Hewlett Packard Enterprise (HPE) employees, all of them over 50 years of age, allege in a lawsuit that the firm pushed older workers out so it could increase the number of younger employees — millennials in particular.

The federal age-discrimination lawsuit, which marshalled statistical evidence, job ads and internal memorandum to support its claims, will also cite public statements by HPE CEO Meg Whitman in its case.

For instance, in a CNBC interview last November, Whitman was asked by an interviewer: “You did announce significant job cuts about a month or so ago.… Is that going to be it for HP?” (HP announced cuts of up to 30,000 jobs in September last year)

Whitman responded: “That should be it. That will allow us to right-size our Enterprise Services business… to make sure that we’ve got a labor pyramid with lots of young people coming in right out of college and graduate school and early in their careers. That’s an important part of the future of the company….”

Good News for Baby Boomers Delaying Retirement? – The Motley Fool – Motley Fool

Older Man Working

Image source: Getty Images

There are a number of clear benefits to working later in life.

The first, and most obvious, is financial: More time working means less time having to stretch your retirement savings. With the average baby boomer nearing retirement only holding $136,200 in savings, that’s a pretty darn attractive reason on its own. Plus, that job could potentially enable you to add to your savings, depending on the job.

There are clear health benefits as well. The biggest one: Working later reduces your chance of death. (Seriously.)

Not particularly easy

But there are serious barriers to delaying retirement, as evidenced by the fact that the typical American retires at age 62, despite not having nearly enough financial resources for a financially safe and secure retirement at that age. Many elderly Americans have struggled to find meaningful employment after their jobs were eliminated or they were offered a buyout to leave.

Fortunately, according to new research (link opens pdf) published by the Center for Retirement Research (CRR) at Boston College, that particular problem may be getting better for many Americans. CRR researchers analyzed data from the Current Population Survey from 1996 to 2012 to identify occupations that were disproportionately hiring elderly workers and examine what percentage of workers in the 50-64 age group were being hired into these jobs. The research’s goal was simple: Determine what percentage of older workers are forced into this narrower band of occupations, and examine how this trend has changed over time.

The good…

As this chart shows, relatively fewer people over time are forced into these jobs over time, particularly women with at least some college.

Percentage of Older Workers Seeking Jobs Hired into Jobs with a High Ratio of Elderly Workers

Date Range

Men with No College

Women with No College

Men with at Least Some College

Women with at Least Some College
















Source: Data from the Center for Retirement Research (chart made by author).

That’s good news, because it implies that people aren’t forced as often into what the study’s authors referred to as “old-person jobs” (yes, I’m also cringing at that phrasing) as they had been in the past. And that’s particularly good news, as these particular jobs in general paid less than other jobs — 7.4% less for those aged 55-59, and 5.9% less for those aged 60-64 (although I should note that once the authors adjusted for the skills required in those jobs, they were roughly equivalent in pay to similar jobs).

As the researchers noted in the study’s conclusion, they found “a broadening of occupational opportunities since the late 1990s, in particular for better-educated women. In addition, ‘old-person’ jobs pay no less than other jobs.”

…and the bad

One of the study’s major limitations was that it only examined people who landed jobs, which doesn’t account for the people who are trying and failing to find encore employment. And given that the American Society on Aging found that 45% of 55-64 year olds unemployed in 2014 were long-term unemployed (had been searching for — and failing to find — a job for 27 weeks or longer), there’s a big group of boomers who may be left behind even as jobs improve for those with them.

The most important thing you can do is get ahead of the problem. Fortunately, there are a number of tactics you can use. Here are two I suspect would be particularly helpful:

Formal education. Look at the first chart I included from CRR above. The lower numbers for both men and women with at least some college means you will have greater job flexibility and opportunity with those classes under your belt. Your employer may have an education program whereby they will cover classes up to a certain annual cost (or a certain number of credit hours). Even if your employer doesn’t have that, the government provides a number of tax incentives to help defray those costs if you take them on.

On-the-job education. Crosstraining in your current job may not sound like the best thing in the world, but it has a number of benefits. New skills will likely give you an advantage if you end up on the job market in your late-50s/early 60s, making you more marketable and able to diversify into more jobs. Plus, it’s a great story to tell in an interview — how you learned something new on your own because you’re a go-getter. There are studies showing that learning new skills improves mental acuity, although they were related to leisure activities, so those benefits may not translate well to work-related skills. Finally, crosstraining makes you more useful to your current employer, hopefully putting you in a spot where your job is more protected at the outset.

Difficult, but not impossible

Baby boomers have a tough road ahead, given that many are drastically underprepared financially for retirement. Fortunately, some of the job-search difficulties many near-retirees have faced could be receding. And while issues remain, there’s still time to make changes to put yourself in the best possible position should job disruption occur.

Assisted Living Apartments – A Perfect Choice For Retiring Baby Boomers

Many people thought the day would never come when the baby boomers would start retiring. This generation that made the idea of ​​eternal youth so very popular, never trusting anyone over 30, is now beginning to retire from the world of work. And they are needing places to live.

It used to be, when the boomers were kids, that nursing homes were about the only option if retirees did not live at hoe or with their children. But a new idea is becoming more and more popular as the years go by. And that is the idea of ​​senior assisted living apartments. This kind of living facility is where only seniors live.

That may sound a little silly to say but there are other kinds of assisted living apartments where people who may or may not be seniors are allowed to live. Basically the idea of ​​a senior apartment like this is that the people who live there need some amount of personal care in the course of the day, but they do not need the same kind of care that folks who are living in a skilled nursing facility would need.

In effect, this is an apartment complex where all the apartments are filled with people of retirement age, baby boomers and people who are a bit older can live there, but usually nobody younger than 55. Sometimes there are age allowances for this, like in the case where there is a couple but only one of them is over the minimum age.

Nobody wants to make life difficult for couples, so there is usually an allowance made for these situations. And if the management does not want to rent to you because one of you is under 55, then it is perfectly alright to go down the road to the next senior apartment complex.

The world of retirement living facilities is full of options right now. This is due in part to the fact that there are just so many baby boomers. They make up the lion's share of the retirement age people right now. It will not stay like that forever, but for sure, for the next 30 years or so, the vast majority of people retiring and seeking a place to live are going to be boomers.

Given the huge amount of people whoa re going to be retiring in the very near future, the choices for senior housing are going to keep expanding.

And if you or your loved ones are baby boomers in need of a place where you can get a little bit of help for your daily needs, but you do not need fulltime nursing care, then assisted living apartments for seniors may be exactly what you We are looking for.

The housing needs of Baby Boomers you should know about – Starts at 60

At almost 6 million strong, the Baby Boomer generation makes up just over 25 per cent of the Australian population, which means you should have considerable influence on the direction the country’s economy is moving in — especially when it comes to housing.

In fact, today’s 60-pluses have more than 50 per cent of the nation’s private wealth and by the time the oldest of you hit your mid-70s there will be one of the biggest intergenerational wealth transfers in history.

Chances are your home is one of your largest assets, having been purchased during a sustained boom in house prices. However, with that in mind have you ever stopped to think about how the housing market with change as you look to cash in on your real estate investments?

A study by McCrindle and another study by Freddie Mac in the United States revealed some fascinating perspectives on just what you’re looking for once you hit the sensational 60s.

First and foremost, Baby Boomers are different
Let’s acknowledge that unlike other generations you are far less diverse than Gen X-ers and Millenials. You, your parents and grandparents likely lived in Australia under the White Australia policy, which was abolished in 1973, so it has only been in more recent decades that the country’s largely European population has embraced a mix of cultures.

The other thing that sets you apart is that you are staying in the labour force longer than previous generations, which is in part thanks to longer life expectancies as well as the added financial needs to accommodate those extra years.

You want to age at home
There is an increasing number of people who feel you won’t hold on to you property forever, and will want to one day sell off your properties and spend the cash on creature comforts and luxuries.

However, almost one third of Baby Boomers want to remain in their current residence, claiming to be quite satisfied with their they live. Community is a large reason for this, but so too is the fact you just really love your house.

Renovation is a consideration
Even if you are staying put, there is clear concern about how your current residence will stand up to your changing needs. Some acknowledge that renovation is a necessity if you are to stay in your home as you age.

Read more: You can age at home if you want to, here’s how

The cost of renovations is an obvious concern.

What about renting then?
While almost 40 per cent of you own your home outright, at least one-third are still paying off a mortgage and one-fifth are happily renting. When you do decide on that ‘change of location’ the fact affordable private rentals are getting harder to find means many of you will likely buy.

Does this mean you’ll downsize?
If there is a desire to move, something smaller and more practical is not expected of Australian Baby Boomers. The Freddie Mac report found that downsizing was only ‘very important’ to about 20 per cent of Boomers and 17 per cent didn’t think it was important at all.

No, it seems that what you’re looking for is affordability. In fact, there are several facets you look for in a home:

  • Location is critical
  • Low-rise apartments are a consideration
  • Modern facilities and amenities are a must
  • The floor plan is essential
  • Read more: How to find a true sense of community in retirement

    A comfortable retirement
    The biggest issue for many Baby Boomers is having confidence that retirement will be financially comfortable. Only a very few from your generation feels that secure. If you’ve been lucky enough to make gains from property and have a super and investment strategy planned in advance you should have the confidence that you’ll be comfortable in the years ahead.

    But on the flipside, there are those of you have who not been able to save enough over your working life.

    One thing is for sure, Baby Boomers will certainly be keeping the real estate industry on its toes.

    What are your thoughts on this issue? Have you thought about your housing needs as you head towards retirement?