WELCOME TO BABY BOOMER MEMOS
SHOULD AGING BABY BOOMERS RETIRE?
By and large, Baby Boomers have shattered the conventional tradition that retirement at 65 is automatic. In fact, a sizable segment of our generation has no intention of ever retiring. Well, maybe ... someday.
Research indicates that boomers should delay retirement as long as possible. Why? Working promotes health. Seriously. Of course, it helps if we like our jobs and co-workers, or at least don't dislike it, or them.
Studies cite these work-related benefits:
~ Employment enhances brain stimulation. When boomers are engaged in work, our brains are forced to be focused and sharp in order to follow instructions, make decisions, complete assigned tasks, and meet deadlines.
~ Employment facilitates social interactions. Workplaces provide opportunities to interact with others, in person. Social connections are a bulwark against isolation and loneliness.
~ Employment structures time. Boomers have someplace to go and something to do. Each workday begins with a purpose and each day ends with a sense of accomplishment. Ideally.
Et cetera, et cetera, et cetera ...
Despite health benefits, finances influence retirement decisions for most Baby Boomers. Needless to say, financially well-off boomers choose whether to work or retire; all others have to work.
Retirement Questions For Boomers ...