Five Ways Boomers Are Reinventing Retirement
Boomers have always done things their way, so why should it be any different in retirement. Over 71 million baby boomers make them the second largest generational group right behind Millennials, which number at about 72 million. They are more educated and diverse than previous generations, and they have a considerable amount of aggregate spending power. Combined with the fact that they live longer and lead more active lives, they set their own rules for retirement. Those in the business of catering to seniors will need to evolve their strategy and meet this generation's unique expectations. FirstLantic explores five ways Boomers are remaking what it means to 'retire.' They are working longer. Many boomers choose to reinvent themselves by working part-time, consulting, or even [...]