‘Not your parents’ retirement:’ Boomers and Gen X redefine their golden years

  • Date: 14-May-2022
  • Source: Yahoo News
  • Sector:Retail
  • Country:Middle East
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‘Not your parents’ retirement:’ Boomers and Gen X redefine their golden years

Baby boomers and Gen X are reimagining retirement, according to a new study.

Pre-retirees and retirees view their parents’ version of retirement as having been a time for “rest and relaxation,” according to a new study “Longevity and the New Journey of Retirement” conducted by Edward Jones in partnership with Age Wave.

However, when asked about their own retirement today and in the years ahead, only 27% see today’s retirement in the same light, while 55% define it as “a new chapter in life.”