It’s not your father’s retirement scenario — that’s for sure.
And for many aging baby boomers, "retirement" won’t even amount to a real cessation of work, because many of the generation of 76 million babies born between 1945 and 1964 are now saying they plan to keep on working, whether from enjoyment or because they must.
Del Webb, a builder that specializes in housing developments for residents 55 and over, has conducted 10 extensive opinion surveys on the boomers since 1996, and says the famous population cohort has changed significantly over the years. The 2010 Del Webb Baby Boomer Survey found them considerably less interested these days in heading for the traditional Arizona/Florida locales — if they’ll move at all. And their reasoning for pulling up stakes has changed, too.