As the first wave of Baby boomers nears retirement age, theyre beginning to realize that unlike their predecessors, they have many options. Heres a look at some of the Baby boomer retirement options this group of mature adults are choosing.
Theyre working long past retirement age
The generations that came before the Baby Boomers retired from the work force at either age 62 or 65 or sometimes 67. They got their pensions and their social security checks and before long they sold their homes and moved in with their adult children where they stayed until their passing. But not todays Baby boomers!
Its almost like collectively theyre saying, What me, retire? Instead of closing up shop, theyre choosing to remain in the work force, working part time and sometimes full time, sometimes out of necessity, but more often, theyre continuing with work that they enjoy. For this group, the Baby boomer retirement option theyre choosing is to postpone retirement.
Theyre volunteering
Another popular Baby boomer retirement option is volunteering. Almost in an effort to reverse a lifetime of putting me-first, Baby boomers are ready to give back. And theres no...