November 2010 Update
Living Longer . . .
In my research on generational changes and their effect on the workplace, I found an article that U.S. News and Money published by Emily Brandon in February 2010 entitled “10 Ways Baby Boomers Will Reinvent Retirement”. Here is her first point:
Living longer. Retirement for boomers will last longer than retirement for their parents. The number of people ages 65 and older in the United States is expected to more than double by 2050, rising from 39 million today to 89 million, according to the Census Bureau. Some seniors will be retired for more years than they spent in the workforce. "Our moms and dads were quite delighted to find themselves reaching their 65th birthday, but now we look around and see 80-year-old athletes and 70-year-old college students," says Ken Dychtwald, president of the consulting firm Age Wave and author of With Purpose: Going From Success to Significance in Work and Life. "People are waking up to the idea that living a long life has become commonplace."
(The entire article is easy to find online - Google the title).
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