For millions of Americans in their thirties and forties retirement will have an entirely different meaning than it had for their parents. Most have saved a little, spent a lot, seen pensions cut and Social Security squeezed, and will live longer than any generation before. Your Next Fifty Years challenges baby boomers to develop a completely new perspective: retirement as renaissance - not the end of working life, but rather a time to renew, refocus, and recharge, based on long-range dreams and goals. Collins and Wall draw upon their unique training in psychology and financial planning to explore practical alternatives to the traditional concept of retirementalternatives such as sabbaticals, flextime, and temporary or part-time retirement. With the help of worksheets, tables, and "Smart Tips," they offer solid information on investment choices, insurance and estate planning, and specific retirement issues faced by women. They also explain how to cope financially with big changes, such as the death of a spouse, divorce, disability, or the loss of a job, how to choose your retirement destination and style, and much more.
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