CNN blogger, Jack Cafferty had an interesting question today. Has Your Definition of Retirement Changed? Among the usual political responses (let's blame the Democrats, the Republicans, Obama, sunspots), smug "I'm doing fine, thank you, and I could care less about those who aren't" declarations, and concerns raised by Gen X and Y'ers, are other comments both wise and funny.
Absolutely, my definitions of retirement have changed.
I believe we've all had to rethink exactly what retirement will mean to each of us. It's not only the money, but the time. As retirement draws closer for me, I've started to realize I must make lifestyle plans as well. What I discovered during my recovery from heart surgery was that days filled with books (even good ones) and TV (even good. . .oh never mind!) quickly breed boredom.
I don't share the paranoia of some of those who responded to Cafferty's column. For example, I'm quite confident Social Security will be around for coming generations. But this particular recession has been a wake-up call for everyone. We just can't count on the things some of us thought would always be there: ever-rising markets; lasting good health; an encompassing sense of having made it.