Tuesday, September 11, 2007

Frisky geezers

Retired folks don't want to be categorized as "retired" (the acronym "AARP" no longer stands for anything, it's an identity unto itself), and according to this washingtonpost.com article they don't care much for "seniors" either. AARP evidently now refers to its members as "grown-ups."

I won't take offense if you won't.

The article goes on to point out the prominence of 70-year-olds today. Even better, apparently disability rates in this age cohort are falling.

Which means that when we advise to plan for a 30-year retirement, that might be on the low side.

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