Like they’ve done with every stage of their lives, the Baby Boomers are changing what it means to be retired. But unlike other stages where leading edge boomers set the path that middle and second-half boomers followed, retirement is likely to be transformed throughout the boomer generation in such a way that second-half boomers and the generations that follow will experience a very different retirement than their leading edge siblings.
Recently I had the opportunity to hear Marc Freedman, CEO of Civic Ventures and author of the new book, The Big Shift, speak to a small but enthusiastic audience in Denver. His message: Midlife is changing. The longevity gains we’ve seen over the last 100 years haven’t just added years onto the end of our lives, they’ve added quality years to the middle of our lives. For the tail end of the Silent Generation (those age 66 - 85 today) and the leading edge of the Baby Boomers (currently age 46 – 65), those newly found high quality years have come to be considered a retirement vacation – a chance to do what you want to do, not what you feel you have to do.
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