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Del Webb Survey Reveals New Realities for Baby Boomers

April 12, 2010 10:42 by KurtisAdmin
Eighty is the new old, the Carolinas are the new Florida, and working through retirement is the new norm, according to a recent survey of Baby Boomers.
By: Jenny Sullivan

It’s been 14 years since the first wave of Baby Boomers turned 50, and suffice it to say their world has changed. The retirement lifestyle many are anticipating now, on the eve of their 64th birthdays, is somewhat different from the one they envisioned back then.

For starters, the chronology of retirement has shifted, and many boomers say they now plan to keep working well into their 60s, if not 70s, according to a recent survey conducted by Harris Interactive for Pulte/Del Webb, the preliminary findings of which were previewed at the International Builders’ Show in Las Vegas in January. 

The study, which polled Boomers in two specific age groups--those turning 50 this year, and those turning 64--found that the average anticipated retirement age has been extended by about four years. Whereas a majority of 50-year-olds polled in 1996 said they planned to retire at 63, those turning 50 today said they expect to retire around age 67.

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