In a 2005 survey 87% of US citizens said they wanted to redefine the word “retirement.” For them, it’s no longer a fixed point in time, but the freedom to choose the lifestyle they want, creating balance between periods of leisure, family and friends, volunteering, education – and even work.
For the boomer generation, the notion of retirement is changing. Rather than a time for zest and relaxation, it is now considered as a time of personal reinvention and opportunity – a new, exciting chapter in life. However, the reality of retirement is changing, too. Debt, longevity, and lack of planning are just some of the factors that may influence their level of lifetime income and security. What does this mean for you? There’s an overwhelming need for advice and guidance.
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