Baby Boomer Retirement – With the Baby Boom generation set to retire in droves over the next decade, what will happen to our workforce?
As much as there have been many assumptions made about Boomer retirement, there is clear evidence that this retirement will not take place the way that most have expected. The majority of Boomers expect to work will past the traditional retirement age of 65, even if it is on a part-time basis. There are a number of reasons for this. These include better overall health than those in previous generations, a desire to contribute to society, not wanting to lose their occupational identity and, in many cases, a need to work due to a lack of long-term financial stability.
