4th February 2011
Fewer people retire in the way they used to, the way we used to think they should, moving to the sun belt or dividing their time between golf and the grandchildren. A report in the McClatchy Newspapers calls this erosion of traditional patterns of retirement "one of the biggest demographic shifts in history.
The reason: an inexorable increase in life expectancy. An aging population is putting a burden on younger generations. The process has been amplified recently by a surge in "baby boomers" – one that unfortunately coincides with the Great Recession.
"It's the reinvention of retirement," says William Novelli, a former chief executive of the AARP. "Work is an increasing part of the so-called retirement years."
But how does that shift affect our emotional lives?