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Advisor Insights

How Different Generations Define Retirement

Individuals touched on the aging process, fun and freedom, and a little stress.

Like “hipster,” “retirement” is a term we can easily recognize yet have a hard time defining. Even researchers who have dedicated their careers to studying retirement have been unable to reach a unified definition.

There’s the conventional way to define retirement: an objective age at which one can exit the workforce, begin collecting Social Security benefits, and have the ability to access retirement savings without penalties.