It's often said that our generation is redefining retirement, but how, exactly? Barbara Waxman wants to throw out the word entirely. Far from withdrawing from the world, midlifers are more engaged than ever, she says.

Waxman is president of The Odyssey Group, providing life and executive coaching for people in midlife, or, as she puts it, "40 and better."  She spoke to Lori Bitter, of Continuum Crew, a marketing company focused on 40+ consumers.