Don’t plan for retirement, plan for an encore

Have you planned for your “encore” life? You’ve likely seen these statistics: by 2030, as the last baby boomers turn 65, older adults are expected to reach 20% of the population, and by 2050, 19 million people will be in the 85+ age group. Although U.S. based, these statistics are proportionally the same for Canada, if not slightly older. Marketwatch takes a unique look at how “unretirement” has evolved. Picture your life in overlapping 25-year time spans: birth to 25; age 10 to 35; 20 to 45; and 30 to 55. Consider how much you grew and changed during each of those periods. Now imagine the life you will live between 65 and 90, assuming that much of that time you will be relatively healthy and productive.

Rethink your retirement. Enjoy the full article here