Golden Years (50 – 65)
The golden years usually provide some of the best financial security, as adults are still working (probably in a well-established career at a high level job), have had years to build a savings and retirement accounts, and may be close to paying off big expenses such as mortgages. Children may be out of the house by this time, leaving adults in the golden years to experience the “empty nest”. Additionally adults may find themselves becoming grandparents during this phase.
Biophysical: Wrinkles, gray hair, diminished eyesight and hearing, and even diminished taste and smell senses for some. Major organs and bodily functions begin to slow down such as the cardiovascular, respiratory, and digestive. In most cases, aging alone will not cause organ failure, but rather unhealthy choices made earlier in life such as drinking, smoking, and bad diet.
Psychological: Memory generally continues to slow, although long-term memory seems to be less impacted. Brain illnesses such as dementia, Parkinson’s, Alzheimer’s, and Huntington’s often become a concern late in this stage and moving into the elderly.
Social: While older adults are approaching retirement age, they may find themselves reaching out to the community more than before. Older adults are likely to be empty nesters by this point and will often “fill in” the gaps with volunteering, church groups, or community groups.
Spiritual: Preparedness for retirement can be a source of comfort or a source of strength. Ideally, older adults will be able to enter into retirement with enough funds to live life comfortably, being able to do and see the things they want to do/see.
Learn more about Golden Years Development