In the next decade I expect to see fewer and fewer people "retire" in the classic sense of stopping paid employment altogether. Between the shortfall in savings and the need for trained workers, there's all sorts of pressure for people not to retire.

The concept of retirement is becoming outdated. My expereince as a financial planner is that people who retire in the traditional sense become bored with their lives and probably contribute to a shortened lifespan. Keeping active keeps people mentally alert and physically active and emotioanlly motivated. I love my career running an investment management firm and, though I may wish to slow down at some time, I don't believe I want to retire.

The goal is still 62-63 though the past year has knocked me back a bit. The plan is to exit the workforce with total retirement NPV of app. 1.7 Million. This high due to medical costs will sky.

If you are 'working' at something you like, love, or dig, then retiring seems like jumping off life's train. However, if what you do is merely a cog in a larger machinery, then retirement seems like a great end game for that position; especially if a big fat (105% of salary) pension is in the offing.

Retirement?? I will never be able to retire! Social Security will be bankrupt by the time that I am even eligible for it. I cannot afford to put more into a 401k or IRA (I am already maxing out my 401k contribution at 10%)

To me, retire means I work because I want to, not because I have to financially.

I actually want to retire before i am 40.
:)

I think I will probably have to die to be able to retire. I am not really counting on any retirement or social security being there and available when I reach the ripened ages between 62 and 70. Heck, I am still in college at 45.

How come no-one has implemented the concern of social-security when we retire against the current economic crisis this nation is facing?

Will there be a pension system still available when we retire?

I think that this is an important approach towards coming out of this current crisis that we are in. Can we as a nation form some sort of new monetary structuring to support a prediction of retirement settlements?

It seems that nothing involving money in an american standard is safe any more.

I'd be bored if I didn't work