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How Are Americans Spending Their Retirement?

Approximately 10,000 baby boomers turn 65 each day, according to the Pew Research Center, and it’s safe to say they are helping reshape the retirement landscape. Gone are the days when older adults would transition into a relaxing lifestyle after leaving the workforce. Today, the retirement experience varies considerably from person to person. With the senior population expected to grow considerably in the coming decades – the Administration on Aging estimates it will eclipse the 72 million mark by 2030 – it’s crucial to gain a better understanding of their lifestyle. Here’s a look at the way many Americans are choosing to spend their golden years, courtesy of World Financial Group.

 

How Americans Spend Their Retirement

 

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4 comments

1 Jonathan Look, Jr. { 03.19.14 at 1:24 am }

I pick a base somewhere in the world and then travel from then. Since I have retired I have lived on a beach in Mexico, the mountains in Mexico, in Cambodia and now I live in Thailand. Already this year I have spent a month in Burma, two weeks in Bhutan and I am leaving for a month in Bali next year is turning out to be the month of the B’s!
Jonathan Look, Jr. recently posted..How Getting My Finances in Order Enabled Me to Live the Life I LoveMy Profile

2 Dr. Erica Goodstone { 03.28.14 at 9:37 pm }

Jonathan,
You are living what most of us can only dream about. Some people travel like that at a very early age and then start working and can never travel again. You are a true role model for others to follow. You have obviously gotten your finances in order.

Warmly,

Dr. Erica

3 Sayid Mansour { 03.06.15 at 11:39 am }

Wisely, I hope.
Sayid Mansour recently posted..immunitymma.com – The Immunity CourseMy Profile

4 Dr. Erica Goodstone { 03.06.15 at 2:49 pm }

Agreed. But many do not use money wisely and it becomes more difficult to recoup at a later age.

Dr. Erica