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Source: Getty ImagesIn our parents' generation, retirement was a goal. Our mothers and fathers dreamed of moving to sunny climates with a condo near a golf course. No one wanted to work past 65 and if they could get out of the rat race sooner, so much the better.
We're very different. Many polls of people now in their 50s and 60s indicate that we're eager to stay involved and in the work force as long as possible. In part, our motivation is economic. We've lived through enough booms and downturns to feel pretty anxious about the state of our bank accounts. And while our parents often had pensions, we generally don't. Those 401Ks have taken a big hit in the last couple of years, and even though the market has improved somewhat, few of us are secure enough to rely on what we've put aside so far.
But even if money were no object, we feel too young and vital to head for the golf course (except on weekends, of course). Work has defined us in a way that's unique in human history. We're the best-educated generation ever and that meant that many of us had choices. We picked an occupation we loved and that had meaning for us. At midlife, we're re-thinking those choices and looking once again for work that has meaning – whether it's becoming a teacher in the inner city or starting a business that reflects new passions. In the 70s, we were the Me Generation. Now, we're the Encore Generation.
So what's your second act? Or third act? Will you ever just head for the beach? Let us know your plans.