Business

Retirement: Boomers Want to Keep Working – if They Can

In this Wednesday, Oct. 9, 2013 photo, graphic designer Tom Sadowski, 65, who delayed his retirement, works from home in Sterling, Va. (AP Photo/Manuel Balce Ceneta)
In this Wednesday, Oct. 9, 2013 photo, graphic designer Tom Sadowski, 65, who delayed his retirement, works from home in Sterling, Va. (AP Photo/Manuel Balce Ceneta)

 

(USA Today) – George Fraser has had a hugely successful life. At 70, the former corporate executive is a successful author and speaker, traveling 200 days out of the year and logging 250,000 air miles. And he has absolutely no intention of retiring.

“I decided in my early 60s that I would never retire,” he said. “Why? Because I love my work. I love what I’m doing. I love it so much that anything else is a distraction, including a vacation. It frustrates my wife of 42 years. After two or three days on a beach in Mexico, I’m bored.”

Baby Boomers continue to shatter stereotypes. Many work well into traditional retirement age. And financial advisers and counselors are encouraging them.

Robert Levinson will be 90 in March. He recently finished his fifth book, Management Savvy. The title of his third book was The Anti-Retirement Book.

“I think the act of retiring in itself is pretty bad,” says Levinson, who will soon retire from Lynn University in Boca Raton, Fla., where he has taught for 25 years. But even then, he will continue to operate his business-consulting website, and another business he operates with his 64-year-old son. “I hope I’ll stay busy,” he says. “I won’t be as busy as before, but I’ll be busy.”

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