Examples mentioned in the article included Eugene Bernosky, who sold the company he co-founded and planned to take it easy and do a little consulting, and a married couple, Lee Leslie and Terri Evans, who quit nine-to-nine work after five years of running a small ad agency.
How have they fared after almost two decades? Googling suggests that modern retirement looks a lot like work.
Bernosky has done a bit of investment banking and helped launch various ventures. Recent project: Zaavy, a company that produces custom jerseys and related items for cycling teams.
Leslie and Evans, according to Linkedin, are still open to marketing/advertising assignments, but perhaps not nine to nine.
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Most boomers didn't get to retire at 40. But these days they're quitting the rat race in great numbers, and many of them think 60 is the new 40. Wealth managers should not expect them to act like traditional retirees.
Rather than "retire," affluent boomers want to declare financial independence, free at last to work or play at whatever turns them on.
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