Too Young to Retire?

Many 50-plusers are recognizing they won’t be retiring anytime soon, and some of them actually prefer this. Having the right attitude about retirement can minimize the pressure we feel about our futures.

In this excerpt from the book, “Too Young to Retire: 101 Ways to Start the Rest of Your Life” from the web site, www.2young2retire.com, we see why retirement doesn’t mean what it used to mean.

“Let’s understand that the concept of retirement itself is only a generation old, a by-product of the Social Security Act of 1935, designed to create jobs by moving older people out of the workforce.  There is no reason to accept retirement as “conventional wisdom.”  It is neither.  Clearly, a generation haunted by the Depression was a lot easier to convince that job security was everything, even if you hated the work, and that your reward would be “Golden Years” of leisure.  This may be a persuasive argument when work itself is backbreaking and/or physically dangerous, but that is not the experience of the vast majority of us who made (or make) our living in the information age.

‘Consider recent research about attitudes toward work in the 50-plus population.  In 1998, AARP did a survey of its membership and discovered something very surprising: 80 percent planned to continue to work after they became eligible for Social Security; more than a third would do it for reasons other than an income.  A survey done two years later by Rutgers University’s Heldrich Center for Workforce Development found virtually the same thing.  Both studies were widely reported in the media.  We believe that these findings are the result of changes in the nature of work itself today, including where, when and how work is performed, coupled with a phenomenon called “down-aging,” best captured in the New Yorker cartoon caption: “Fifty is the new Forty.”

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Comments
One Response to “Too Young to Retire?”
  1. doug hay says:

    Yes, yes, yes. Retiring means different things to different people. I always plan to work! The trick is to find work that you love. In my case it is being a marketing consultant which allows me to be creative as well as help a lot of other people who can take advantage of my many years of experience.

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