| Will most baby boomers truly retire? The old | | | | Bullets." |
| mainstays of golf, grandkids and travel haven't | | | | The Putnam study didn't focus just on work after |
| been enough to satisfy many retirees from | | | | retirement. It also emphasized several key |
| previous generations. With the great amounts of | | | | reminders for younger workers. Even though the |
| energy and success that exist within the baby | | | | current generation of retirees is relatively |
| boomer generation, retirement isn't likely to | | | | financially stable, they still have concerns about |
| sustain their attention much longer than it did their | | | | running out of money, and they're worried |
| parents'. | | | | younger people will do the same. They |
| If the current generation of retirees is any | | | | emphasized starting retirement savings early, |
| indication, baby boomers and younger workers | | | | developing a retirement plan and saving as much |
| alike have a thing or two to learn from their older | | | | as you can both through your workplace program |
| counterparts. In August 2005, Putnam | | | | and on your own. |
| Investments performed a retirement survey | | | | Retirement could be the beginning of many great |
| called "Working in Retirement." Most of the | | | | years. Working with a financial professional and |
| retirees surveyed returned to work after an | | | | having the proper plan in place is a key part of |
| average of only 18 months of retirement. Of | | | | retirement. You should also keep an eye on |
| those who returned, 32% cited financial need, | | | | healthcare costs and stay informed on issues that |
| while 68% did so voluntarily. | | | | will effect your retirement. You should always be |
| The return to work may signal a problem that | | | | focused on your plan and be aware of some |
| most retirees don't anticipate: having something | | | | common pitfalls. That way, you can be prepared |
| fulfilling to do. The keyword is fulfilling, and it's the | | | | to make the best years of your life as good as |
| driving force behind a return to work. Of course, | | | | they can possibly be. |
| the added income and the potential health | | | | No one expects the baby boomer generation to |
| insurance benefits don"t hurt either. The | | | | be content with life in retirement, which is why |
| phenomenon has become so recognized that In | | | | planning post-retirement activities, both work and |
| areas with large and increasing populations of | | | | play, is so important. And it's just as important for |
| retirees, like Arizona, many employers are | | | | younger workers to plan for such activities too. |
| catering to the retired crowd. Certain companies | | | | No matter your age, informing your financial |
| offer specific work opportunities crafted for | | | | professional of your desire to work and your |
| retired people. In Tempe, Ariz., Wells Fargo has a | | | | hobbies and interests will make your retirement |
| special processing center that hires mostly | | | | plan that much more complete. |
| retirees, whom they have nicknamed "Silver | | | | |