Walking away from work: Retirement looms for many as boomers age
[17 October 2004 - The News & Observer] For months, David McGehee pondered how to break the news to his boss. After 25 years with Progress Energy and a long career as an auditor and project analyst with the electric utility, he was thinking of calling it quits. It shouldn't have come as a surprise to anybody, really. McGehee, who will turn 58 next month, has been eligible for his employer's retirement benefits for nearly three years. But it was still a big, and emotional, step he took that day in June when discussing his pending departure openly for the first time. His company expects soon-to-be retirees to give only three month's notice, but McGehee -- who has not yet set a retirement date -- thought his manager deserved more time. ...