It Ain't Daddy's Retirement…

May 2005
Journal of Financial Planning;May2006, Vol. 18 Issue 5, p21
Academic Journal
The article reports on a retirement study by Merrill Lynch that reveals that retirement for members of the baby boom generation won't resemble the retirement of earlier generations. A survey revealed that 75% of respondents said that they intend to keep working in retirement for mental stimulation and challenge, in addition to more income. 42% of respondents plan to work in "cycles" and alternate between periods of work and pleasure, with 16% planning to seek part-time employment and 13% planning to start their own business.


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