Just as world wars have reshaped the way entire generations have lived, experts are predicting that COVID-19 will also have an impact on how we live our lives in the future.
For the baby boomer generation (those born between 1946 and 1964), COVID-19 may bring with it a number of baby boomer lifestyle trends in regard to living arrangements, health and welfare, and the way we partake in recreational activities.
Here are some new trends we could see in the not-so-distant future.
As of June 2020, almost 10% of all COVID-19 cases in Australia have been linked to the arrival of the Ruby Princess in Sydney in late March. Many baby boomers may now reconsider travelling on a cruise – even outside of a global pandemic, cruise ships are notorious for the spread of viruses and disease among passengers with less efficient immune systems due to passenger demographics.
It’s a similar case with international travel in general, with a high number of cases being traced to overseas arrivals. So, are our days abroad and at sea over? A rising trend in domestic travel among baby boomers may be on the horizon, as holidays are taken all over Australia while international borders remain closed. We don’t think this is a terrible idea: Australia is a stunning country with plenty to see and do!
When brick and mortar stores closed across the country, many of us took to the internet to place our grocery orders and purchase essentials – something that’s slated to become a new baby bomber trend. Experts are predicting that, having discovered in-home subscription entertainment, direct delivery of goods, and communication tools such as Zoom and FaceTime for the first time, many baby boomers will realise the convenience that modern technology has to offer.
If you’ve yet to make use of such applications, now is a perfect time to join the rising trend.
Fast Tracking Retirement Plans
At the beginning of 2020, many baby boomers were planning their retirement, preparing to move out of their jobs and focusing on new horizons. But with the arrival of COVID-19, many plans were put on hold as thousands lost their jobs and savings and superannuation funds were accessed in order to make household repayments and get by.
The COVID-19 pandemic has unleashed changes that seemed unthinkable just a few months ago and will no doubt lead to a change in baby boomer retirement trends. We're now seeing more mature-aged consumers bringing forward their decisions about moving into a retirement living community with many wanting to release equity in their homes to achieve financial security and independence.
As COVID-19 restrictions begin to ease around the country, many baby boomers may hesitate to return to events that draw large crowds, such as sports matches or music concerts, where transmission rates are the highest. As a result, retirees may gravitate toward more personal gatherings and may no longer travel extensive distances for entertainment. As many have discovered during the country’s coronavirus lockdowns, the comfort of one’s home is now more important than ever. And no matter where we go or what we do for entertainment, social distancing rules are likely a trend set in stone.
As the world waits to see the lasting impacts of COVID-19, we want to assure all families that the health and wellness of our residents is top priority.