Senior Spotlight: A Reimagined Retirement
Rest & relaxation are no longer the goal in retirement... so what is?
While we all know that retirement lifestyles are changing, a new study by Edward Jones & Age Wave defines how. According to the report titled “Longevity and the New Journey of Retirement”, the difference lies in the perspective of rest & relaxation vs. a new chapter and purpose.
11,000 adults aged 45+ who are retired or within 10 years of retirement have reported that:
| Retirement for their parents looked like an extended vacation, a winding down or ‘the beginning of the end’
| Retirees today consider this time in life as a whole new chapter, filled with possibilities and a new definition of purpose
| Only 27% of those surveyed viewed retirement as a time for rest & relaxation, while 55% fell into the ‘new chapter’ perspective
| Almost 3 in 5 respondents planned to work in retirement as part of the ‘longevity equation’; on a practical level, most of those planning to live to 90 cannot afford to stop working at 65
| 77% of retirees felt a responsibility to help future generations; this figure jumped to 83% among the newly retired
| Age Wave Chief Executive Ken Dychtwald revealed that the underlying shift in today’s retirement mindset is one of enthusiasm – even feelings that this could be the best time of their lives
For further reading, we encourage you to check out Yahoo! Money here and read the full Edward Jones report here.
How are you imagining retirement? Is it a combination of rest, purpose & play? Is there a little work or a lot of travel involved? However retirement looks & feels to you, remember that it is yours. You can reimagine it any time - and have an evolving definition of what this stage of life feels like to you.
All my best,
Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
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www.bobbidecker.com
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