Monday, January 15, 2007

Most boomers plan to keep rockin’ -- and not in a chair

[14 January 2007 - The Columbus Dispatch] "Leading-edge" boomers — those who turned 60 last year — are dreaming about retirement. But don’t expect to see the Forever Young Generation on the shuffleboard courts anytime soon: The transition that boomers envision looks different from that of their parents. More individuals are choosing a post-retirement career jump or new business ventures, or skipping retirement altogether, research shows. More baby boomers are seeing retirement as a lifestyle change and a new opportunity rather than the conclusion of a career, and nearly 70 percent report that they expect to continue working into their retirement years, according to AARP surveys. ... "Every eight seconds, another boomer turns 60 and starts contemplating the days ahead," Scott said. "That’s 11,000 individuals daily, 4.5 million a year. They’re living longer, healthier lives. They came of age on sex, drugs and rock ’n’ roll. They’ve redefined every stage of life so far. Are they going to pick up golf clubs like dad or granddad? I don’t think so. Only 17 percent say they want a ‘typical’ retirement." But figuring out what to do with the rest of your life can be challenging. To help make the best choices, soon-to-be retirees are turning to retirement coaches, self-help groups and even retreats for inspiration. More

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