Baby-boomer alert: The rules and expectations of retirement are changing
September 12, 2010
This is the retirement ideal -- a pension bolstered by Social Security, health care coverage to fill gaps in Medicare, a home that's rising in value to augment savings and investments. It's an ideal that is quickly becoming a thing of the past.
If you're a baby-boomer, somebody born between 1946 and 1964, then read this Detroit Free Press story about how the rules of retirement have changed for you.
Younger baby-boomers, according to the story, can expect to work longer to eventually kind of, sort of retire in the future sometime.
How are those of us in the older baby-boomer category going to be affected by the changing economy?
Will our pensions, our healthcare coverage and Social Security stay steady? What are the prospects?