Everyone a Michelangelo, Thanks to Medicare, Social Security - Also Factor in Trust Funds, Universal Basic Income, AI
Once entitlements Medicare and Social Security kick in there is the opportunity for us to blossom. Just as the artists like Michelangelo did during Renaissance, thanks to the patronage of the Medicis. We have the financial infrastructure to try out what we dream we can do. Of course, our new runway is even longer if we had been investing wisely all those years of nose-to-the-grindstone working.
Remember how we Boomers used to refer to that previous professional existence as the "rat race" or "being the man in the gray flannel suit who boarded the Metro North commuter train into Manhattan day in and day out."
The ethos was: Shun risk. If we did take a risk and it didn't pan out, society was quick to shame us. After all, our parents had endured The Great Depression.
And then, wow, we were no longer tethered to whatever work situation helped defray the cost of medical care. Medicare + supplements such as provided by United Health Care or Humana covered so much. In 2025, it will suck off $180 a month from our Social Security checks but still that's peanuts compared to what we had to pony up before we were eligible for this entitlement.
Social Security puts a floor under us. Risk can be absorbed. A few months after I began receiving Social Security - it was age 66 back then - I packed up my life in the New York Metro area and pursued new kinds of business opportunities in Southeastern Arizona.
One of those is conducting paid readings in the mystical art of the Tarot. Pre-entitlements no way could I have taken the risk of diluting my brand by venturing into the occult.
Another is intuitive or out-of-the-box coaching. It's not the boxed-in kind which tends to keep the miserable and stressed-out miserable and stressed-out. That too could have diluted my brand.
This same kind of "Renaissance Patronage," of course, can happen through being a Trust Fund Kid. Those Trust Funders I went to graduate school with tried things in their 30s that I didn't dare even think about. I was too locked into making sure I was on time for that Metro North commute and too exhausted at the end of the day to envision some other kind of way of achieving.
As work keeps disappearing globally there is also the growing reality of versions of Universal Basic Income. That is, providing financial flooring without having to be part of the labor market.
If UBI becomes standard some predict the flourishing of the arts. As I was receiving Social Security I published my first novel "The Fat Guy From Greenwich." It had been #30 on Amazon.
AI itself might finally liberate humans from the curse imposed in the Garden of Eden: being doomed to a life of uninspired work.
You made it this far. The next phase could be
semiretirement. Coach For Seniors Jane Genova welcomes providing you with a
complimentary consultation about that transition. Text/phone 203-468-8579,
email janegenova374@gmail.com for
appointment. Fees custom-made for your current budget.
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