Baby Boomer Workers Are Revolutionizing Retirement: Are Their Employers Ready?

Baby Boomers were born to be wild, and their retirement promises to be even wilder. Baby Boomer Workers Are Revolutionizing Retirement: Are Their Employers Ready? assesses the expectations and outlook of Baby Boomer workers and finds them trailblazing a new model for retirement that is a radical departure from previous generations. Gone are the days of the so-called gold watch retirement that was ushered in with an office party followed by a life of full-time leisure and, ironically, never having to set the alarm clock or check the time again.

Baby Boomer workers are extending their working lives past age 65 and seeking a more flexible, phased transition into retirement. However, their success ultimately depends on the level of support they receive from their employers which may not be available.

This research report is based on findings from the 15th Annual Transamerica Retirement Survey which includes surveys of more than 4,100 workers and 750 employers.