Boomers Calling it Quits
So, apparently many boomers are leaving the workforce by age sixty-five, even in this poor economy.
Do you think this is a good thing for the economy?
Is it a good thing for younger people looking for employment?
On an individual level, do think it's a good thing that people over sixty five stay in the work force?
I know that when we retired we stayed very busy with more projects, building a home, helping family and volunteering more, and pursuing interests and hobbies. I am busier with more responsibilities than when I worked or was at home rearing children and running the household, just on a more flexible schedule. Retirement these days does not necessarily mean travel trailers and rocking on the porch with lemonade.
Everyone retiree I know, with the exception of the ones in their eighties and nineties, is the same--busier and more engaged, and healthier than ever. It seems some of the "greatest generation" in their late 80s and 90s, for the most part (and certainly not all of them) spend an inordinate amount of time at the doctor's office for various and sundry aches and pains and talking about them.
Of course financial and health considerations are factors in deciding whether to retire or not, but if they aren't, I think over sixty-five can be a fulfilling and particularly rewarding stage of life if one has their health.
Without request anyone to divulge any personal information, how do you feel about retirement and reasons for retirement?
How is, or how do you expect your definition of retirement to affect your quality of life?