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Book Description

“Dychtwald and Morison offer a brilliant and convincing perspective: an essential re-think of what ‘aging’ and ‘retirement’ mean today and an invitation to help mobilize the best in the tidal wave of Boomer Third Agers.”
—Daniel Goleman, PhD, Author, Emotional Intelligence: Why It Can Matter More Than IQ 

Throughout 99 percent of human history, life expectancy at birth was less than 18 years. Few people had a chance to age. Today, thanks to extraordinary medical, demographic, and economic shifts, most of us expect to live long lives. Consequently, the world is witnessing a powerful new version of retirement, driven by the power and needs of the Baby Boomer generation. Consumers over age 50 account for more than half of all spending and control more than 70% of our total net worth – yet are largely ignored by youth-focused marketers. How will work, family, and retirement be transformed to accommodate two billion people over the age of 60 worldwide? In the coming years, we’ll see explosive business growth fueled by this unprecedented longevity revolution. 

What Retirees Want presents the culmination of 30 years of research by world-famous "Age Wave" expert Ken Dychtwald, Ph.D., and author and consultant Robert Morison. It explains how the aging of the Baby Boomers will forever change our lives, businesses, government programs, and the consumer marketplace. This exciting new stage of life, the "Third Age," poses daunting questions:

  • What will "old" look like in the years ahead? With continued advances in longevity, all of the traditional life-stage markers and boundaries will need to be adjusted.
  • What new products and services will boom as a result of this coming longevity revolution? 
  • What unconscious ageist marketing practices are hurting people – and business growth? 
  • Will the majority of elder boomers outlive their pensions and retirement savings and how can this financial disaster be prevented?
  • What incredible new technologies of medicine, life extension, and human enhancement await us in the near future?
  • What purposeful new roles can we create for elder boomers so that the aging nations of the Americas, Europe, and Asia capitalize on the upsides of aging?
  • Which pioneering organizations and companies worldwide have created marketing strategies and programs that resonate with the quirky and demanding Boomer generation?

In this entertaining, thought-provoking, and wide-ranging book, Dychtwald and Morison explain how individuals, businesses, non-profits, and governments can best prepare for a new era – where the needs and demands of the "Third Age" will set the lifestyle, health, social, marketplace, and political priorities of generations to come.

Table of Contents

  1. Cover
  2. Introduction
  3. 1 The Age Wave Is Rising
    1. A Brief History of Retirement
    2. How Demographics Are Redefining Retirement
    3. How the Age Wave Is Transforming the Economy and the Marketplace
    4. How the Boomers Are Redefining Retirement
    5. Connecting with the Boomer Generation
    6. The New Retirement Lifescape
    7. One Size Doesn't Fit All
    8. Retirement Is a Journey, Not a Destination
    9. Notes
  4. 2 Ageism Sucks
    1. When Old Was In
    2. Ageism Is Both Ignorant and Blinding
    3. Ageism Blocks Authenticity
    4. Advertising: Hardly Any Older People in the Room
    5. Leading the Way
    6. The New Metric of Maturity
    7. Notes
  5. 3 Reframing Aging
    1. Aspiration, Not Desperation
    2. The End of “Seniors” and the Rise of “Modern Elders”
    3. It Isn't About a Number
    4. New Freedom, Less Worry, More Fun
    5. Aging Becomes a “Non-Issue”
    6. Modern Elders Are Reinventing, Not Retiring
    7. The Power of Universal Design
    8. The New Story Can Be Fun to Tell
    9. Staying in the Game with a New Sense of Urgency
    10. Notes
  6. 4 Putting Wisdom to Work
    1. The Older Worker Payoff
    2. Why People Work in Retirement
    3. How People Work in Retirement
    4. The Life Cycle of Work-in-Retirement
    5. Workforce Ageism, Skills Obsolescence, and Other Barriers
    6. Four Types of Working Retirees
    7. How Employers Can Engage Working Retirees
    8. Notes
  7. 5 The Time Affluence Explosion
    1. The Baby Boom Leisure Boom
    2. The No-Vacation Nation
    3. Retirement Transforms Leisure – and Leisure Transforms Retirement
    4. The Leisure in Retirement Journey
    5. Everyday Leisure and Staying Healthy
    6. In Search of Peak Experiences
    7. Help Needed: How and Where Can Fun Be Found?
    8. Notes
  8. 6 Searching for the Fountain of Health
    1. Retirement's Biggest Wild Card
    2. The Health-Wealth Convergence
    3. Taking Charge of Health: The Self-Care Revolution
    4. Four Boomer Health Styles
    5. Helping Boomers Look and Feel Their Best
    6. Coming Breakthroughs in Longevity?
    7. Battling and Coping with Chronic Conditions
    8. Maintaining Brain Health for Life
    9. Living with Everyday Health Problems
    10. Age-Related Tech Is Ramping Up
    11. Waze to Help People Out of the Maze?
    12. A Looming Geriatric Medical Crisis
    13. Notes
  9. 7 Retirement Isn't a Solo Project
    1. The Changing Family Lifescape
    2. Deepening Relationships and the Reemergence of Interdependence
    3. The Generosity of Grandparents
    4. Who's the Buyer?
    5. Transgenerational Appeal: No Need for Age-Ghetto Marketing
    6. Challenges Aging Families Face
    7. The Responsibilities and Rewards of Caregiving
    8. The Journey of Widowhood
    9. Notes
  10. 8 Home and Community
    1. Crossing the Threshold into the Freedom Zone
    2. Should We Stay or Go?
    3. Where Retirees Want to Live
    4. How Retirees Want to Live
    5. The Upsize Surprise
    6. Renovation and Home Services
    7. Care at Home
    8. Communities with Care
    9. Notes
  11. 9 Funding Longevity
    1. The Funding Formula Is Changing: No More Three-Legged Stool
    2. Widespread Lack of Understanding, Confidence, and Trusted Advice
    3. Holistic Preparation for Retirement
    4. Challenges Women Face
    5. Course Corrections in Retirement
    6. Spending and Decumulating in Retirement
    7. Cash Poor But Brick Rich: Ways to Monetize the Biggest Asset
    8. Coping with Health Care Costs
    9. Avoiding Elder Fraud: A Hidden Menace
    10. Tools and Resources to Help Keep Affairs in Order
    11. Notes
  12. 10 The Giving Revolution
    1. The Power of Purpose
    2. The Longevity Bonus: The Upside of Aging
    3. Giving with Purpose and a Desire for Impact
    4. How Giving Gives Back
    5. Intergenerational Connections
    6. Women: The More Generous Gender
    7. New Ways of Giving
    8. Waze Needed to Precisely Match Interested Givers with Potential Recipients
    9. Giving Within Families: The Four Pillars of Legacy
    10. What Matters Most Regarding Legacy
    11. Financial Inheritances
    12. A Good Death and Dying with Purpose
    13. The Future of Dying
    14. Notes
  13. 11 Retiring Retirement
    1. The Third Age: Life's New Frontier
    2. A Glimpse into the Future
    3. A Great Age?
    4. Time's Up
  14. Acknowledgments
  15. About the Authors
  16. Index
  17. End User License Agreement
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