80 is the new 60
Retirement is one word, but three phases
Retirement does not equal old
Retirement does not equal old
The definition of “old” is changing. It used to be 62, about the time we would retire. Now that we’re living longer, many of us don’t feel old until we’re in our 80s and we lose our independence. In fact, investors tell us that they expect to go through three stages of retirement:
Transition
Still working, but in a reduced or different capacity
My Time
Focused on travel and leisure
The Last Waltz
Leading a relaxed, simpler life, eventually focusing on health issues