Transition Thursday: Baby Boomers Redefine Retirement

Baby Boomer Couple Dancing

In his Forbes article “The Most Frightening Yet Most Important Retirement Rule That Baby Boomers Still Need To Break,” contributor Robert Laura explains how the Baby Boomer generation is re-defining retirement:

“Boomers are ushering in a late-stage era of life, where they have 10-20 more years of productive and capable working years when compared to previous generations. Furthermore, they have the resources, knowledge, and collective desire to cause dramatic shifts in the way retirement is both defined and lived.

It’s easy to see the undercurrent of this happening as research suggests that baby boomers are more likely to start a business than any other generation right now.  Furthermore, a growing segment of them are worn-out from years of the corporate grind and don’t feel the connection between their job and the people it impacts outside their office walls or company grounds.  They’re shifting their focus from accumulating a giant nest egg to a desire to be part of something bigger and better… to have a positive effect on others… and don’t necessarily want to retire from work, rather they just want to work in the right situation and retirement.

In the past, retirement was defined as freedom from the workplace.  Now boomers are redefining it as freedom in the workplace.”

Read the rest at Forbes.

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