America's concept of retirement is on the brink of a sea change, some say.
Traditionally workers retire at or around 65, quitting their jobs and heading to warmer climes with golf courses aplenty. The next big wave of retirees are the 78 million baby boomers--the first ones turn 65 in 2011--but nothing about them has ever been traditional.
A 2005 survey by the MetLife Foundation and Civic Ventures says that, “In recent years, the vast majority of baby boomers have told pollsters that unlike their parents, they plan to work in retirement, they need continued income, and they want greater flexibility in retirement jobs.”
Right now, according to Mark Penn's book "Microtrends," 5 million people over 65 are still working. If that number explodes, as Penn predicts, it will have a serious impact on the U.S. workforce.