Sad news for the everyman of retirement, he’s been laid-off. With a longevity bonus of from 20 to 40 years past the traditional retirement age of 65, there is no common picture of retirement or a retiree today. Baby Boomers are pioneering once again in a world full of harsh realities. How and if we retire will depend on a plethora of factors that will vary widely by individuals – married or single, childcare or childless, eldercare or empty nest, no house or several homes, working our way up the career ladder or downshifting into a role for a cause, living here at home or migrating overseas. The picture of retirement from today forward will be as diverse as our population itself. In fact, we ought to change the name. Got an alternative for “retirement”? Love to hear your suggestions.
Filed under: Perspectives and Trends | Tagged: change
