Today’s Boomers

Today coffee giant Starbucks said it will close 600 company-operated stores in the U.S., this includes the 100 closures announced in January, as the slowing economy and store saturation hit at its bottom line.

About 12,000 employees, or 7 percent of Starbucks’ global workforce, will be cut or moved to another location.

However, does this bottom line decision have any thing to do with the increase of people now on fixed incomes in America? If you think this could be the cause please let me hear your comments because today, in America 4000 individuals turn 65 every day - that’s a significant number of people having to adjust to the new prices for gas, milk and possibly deciding to forgo any luxury spending, such as a frappucino on ice habit at $4.00 a pop.

Today’s Boomers adjusting to limited funds probably had no alternative but to cut out Starbucks but meanwhile,  the majority of American workers are reporting that they are not going away for the 4th because of the economy. Many have already decided to drink black coffee instead of those frothy deluxe grande drinks that were once being purchased several times a day or to start buying only  McDonald’s coffee at 79 cents.

So, it may not be Today’s Boomers who stopped paying for Starbucks after retirement that caused some of these stores to close but do we really know what’s going to be the next cut back?

Are we actually due for that predicted market rebound in late September?
 
Today it’s coffee - tomorrow larger retailers. Major food chains could join ranks with Starbucks. 

President Reagan said that Americans needed to spend money to help the economy but Today’s Boomers are unwilling to take any risks that may jeopardize their futures because we all know how people are living longer and do we blame them for wanting to be prepared. Please give me your comments…. 

Helen C. Hopkinson, J.D., President and CEO, Main Line Elder Care Associates, Inc., writes articles regarding elder issues which appear in her blog and newsletters. She has appeared as an expert on TV and radio to discuss the problems facing employee caregivers, healthcare management needs, care plans and many other subjects involving the elderly or disabled. She is a graduate of John Marshall Law School, a certified Arbitrator and Mediator. She founded MLECA with Brenda M. Hanna, RNFA, BS, SP, CM  and they are dedicated to serving clients in the Greater Philadelphia area and surrounding counties by providing their clients the best possible care necessary to reach their optimum goals.

MLECA is the recipient of Citibank Micro Enterprise Women Owned Business 2008 and 2007.

Member, National Association of Professional Geriatric Care Managers, Inc. 

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According to the National Council on Aging the phrase “The Quiet Problems at Work” was coined to describe the growing amount of middle age Americans now being “sandwiched” between caring for their own families and an aging home-bound parent.

The U.S. Department of Health and Human Services predicts that the total number of employed caregivers, also referred to as the “sandwich generation” is expected to surge to nearly 15.6 million Americans.

Employees caring for older relatives is costing employers $29 billion each year.

The stress associated with striving to be a good parent, managing a successful career and being a responsible caregiver is extremely overwhelming. Unfortunately, many of these individuals are just not prepared to deal with problems involving an aging parent.

Studies prove that while employee caregivers may be physically at work, they are really mentally absent. Main Line Elder Care Associates understands how this leads to a decrease in productivity and higher turnovers.  

Main Line Elder Care Associates located in Wayne, Pennsylvania understands the importance of providing employees with information regarding ways to make it possible to achieve their goals more efficiently and with less stress. Our programs were designed to reduce absenteeism and reduce turnovers.   

For more information, call Main Line Elder Care Associates at 610-2667 or visit us online at www.mainlineeldercare.com.

Let MLECA help you find the right solution to your problem, email us at info@mainlineeldercare.com

Helen C. Hopkinson, J.D., President and CEO, Main Line Elder Care Associates, Inc., writes articles regarding elder issues which appear in her blog and newsletters. She has appeared as an expert on TV and radio to discuss the problems facing employee caregivers, healthcare management needs, care plans and many other subjects involving the elderly or disabled. She is a graduate of John Marshall Law School, a certified Arbitrator and Mediator. She co-founded MLECA with Brenda M. Hanna, BS, RNFA and dedicated to serving clients in the Philadelphia area and surrounding counties.

MLECA is the recipient of the CitiCorp’s Boost Award for 2007.

Member, National Association of Professional Geriatric Care Managers, Inc. 

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