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Internet Source: http://www.findarticles.com USA Today Magazine Jan, 2003 SUMMARY: This article sums up many of the aspects of retirement as it is today. The article emphasizes the changes in retirement from how it is today, to how it will be for the coming up generation of retirees. When people of our generation retire, they will have to use more of their own money to live off of. Companies are not paying as much and social security benefits are declining. Also, people live longer now. If they retire at age 65, they could live to be 100 years old. That is a lot of years to fund all the activities retired persons like to engage in. Also, jobs are not, as a whole, as physically demanding as they once were. Therefore, people aren’t as tired when they retire and are up for doing more traveling and activities. The article talks about hobbies, traveling, returning to school, and volunteer work as examples of things retirees enjoy. It goes on to say that an adult might want to “practice” at retirement by getting started doing some of the hobbies they plan to do when they retire. After that, the article goes into the aspects of making sure they leave money for their children when they die. In the past this was something of great importance. However, the article suggests that since people live longer they may want to be more generous when they are living and let their kids use the money when they are younger and need it more.
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