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NewsWhy we’re going to get older but not always milder in the "Roaring Twenties"
Why we’re going to get older but not always milder in the "Roaring Twenties"

Why we’re going to get older but not always milder in the "Roaring Twenties"

Now our century has formally come of age, at least by hitting the once-sacred 21 years old milestone, it’s worth asking if older Australians represent a bona fide social movement.

The ageing population are a demographic phenomenon largely thanks to their sheer numbers triggered long ago by many parents’ post-WW2 procreation.

Consider also that anyone aged 50 and over is labelled as a mature age worker, and you have a cohort which is massive but not always cohesive.

Several relevant and noble organisations use labels such as ‘seniors’ or ‘ageing’ to describe their brands in Australia. In the UK there’s one called the Silver Surfers and the USA they even talk about the 'modern elder' movement.

But which of the above, if any, would you identify with?

Can the mere coincidence of age unite people in a joint enterprise which isn’t distracted by their differences in politics, income, education etc?

We’d like to build the FiftyUp Club up beyond a buying group for electricity, life insurance and other necessities - essential and valued though they may be - into something larger in scope and ambition.

We’re interested in what it would look like to widen the scope to include actions and discussion on the issues which affect those aged over 50 in particular.

These may include areas such a retirement income, health, wealth, age discrimination and access to work.

There may also be more significant issues such as intergenerational wealth transfers (in short how and when we pass on our assets) and other areas where we might feel or be called in to show responsibility and leadership.

As with any club, it’s up to the members to decide and push any of these or other burning issues. Self-interest may be a driving force but not always.

You may have your own list. If so please share it in the comments field below. If you think it’s all a load of baloney, share that too!

Wikipedia defines a social movement as the loosely organised effort of a large group to achieve a goal and to promote or even resist change.

These movements now use tech, such as social media, to mobilise their ‘people’, advocate for them and drive civic engagement and collective actions.

In a nod to its uproarious counterpart 100 years ago this decade has been tagged the ‘Roaring Twenties’, which begs the question: who's going to be roaring loudest?

How can we best develop a movement for older Australians and what might  it achieve?

Over to you.

 

Any information is general advice, it does not take into account your individual circumstances, objectives, financial situation or needs.

 
Originally posted on .

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Why we’re going to get older but not always milder in the "Roaring Twenties"

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Craig
Craig from NSW commented:

The problem with your "offerings" for "discounted" utility services, is that they are no where near being the cheapest offers out there. This looses you credibility, when claiming to be offering the "best" deals available. Presume you are taking kickbacks from the suppliers for promoting their offerings. 

Someone
Someone from VIC commented:

We keep hearing the elderly keep getting ripped off by tradies. Also financial planners try to sell managed funds or annuity where there are other options which do not charge huge commissions. I would like a register of honest/good tradies etc that the elderly can trust. 

DAVID
DAVID from NSW commented:

I like the idea of expanding the service to include a lobby with governments, but also with things closer to home including home and car maintenance and how about special deals for members at supermarkets and other retail chains like Bunnings. 

Someone
Someone from QLD commented:

Please stop sending me discount electricity offers. I get a 28% discount on usage. I would prefer more deals than just electricity and life insurance. 

Someone
Someone from NSW commented:

1. Handyman services including car mechanics 2. Cheap or free reliable financial advice 3. Acces to cheaper holiday venues 4. Home assistance e.g. cleaning, nursing 

Someone
Someone from NSW commented:

I would like unbiased advice on superannuation, transition to retirement, strategies to maximise retirement income and minimise tax particularly for people in their 50s so they are prepared for retirement. Also Powers of Attorney for health and finance. Perhaps a pro-forma POA so that people can put these in place who would like to but couldn't afford to do so before. Also, retirement living, villages etc. Pros and cons of buying into one of these facilities, management fees, restriction on sale/price, administration and maintenance fees etc. Another area is downsizing. When is a good time to do that ie. a tick a box check list of factors that point to doing this eg. maintenance costs of a large home vs. capital growth of a home vs. loss of future growth in selling the large home. Impact of freeing up cash in terms of proceeds of the sale and money left over and how the tax office looks at this when it's invested. There are lots of issues and some unbiased and useful information / guidance would be really helpful. 

Someone
Someone from NSW commented:

1. Handyman services including car mechanics 2. Cheap or free reliable financial advice 3. Acces to cheaper holiday venues 

Someone
Someone from NSW commented:

In any transaction I am aware that I am not getting a fair go due to age discrimination, so this needs to be tackled. Most of the over 60's I know would not benefit from wealth transfer plans as they are only living week to week. You really need to stop pushing electricity so hard as we all have plans by now. Rob NSW 

Someone
Someone from NSW commented:

If FiftyUp are to expand then, considering people above 50 is 50% of the population then it would be an advantage to have a word in the Governments ear. How many times have the over 50 group been taken for a ride by the Government. Cost of living (especially Electricity) and health. How much have we paid in taxes over the years just to fill their pockets. Put them on our average income for a year and see how they go. 

Someone
Someone from VIC commented:

I think home maintenance services would be awesome such as gardening etc, a lot of us are not capable of doing this and it is frustrating trying to access these expensive services. 

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