Baby Boomers are becoming aware that they are experiencing a different type of retirement than the previous generation.
Compared to other generations, these confident and independent Baby Boomers admit that:
+ They need more money than their parents' generation to live comfortably.
+ Their generation is more self-indulgent than their parents'.
+ They will be healthier and live longer.
Most Baby Boomers (the cohort of Americans born between 1946 and 1964) believe that they will still be working during their retirement years. The oldest, born in 1946, will reach 62 in 2008 as they begin retirement age over the next 20 years.
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