When women entered the workplace in the 1970’s there was a lot of talk about women doing it all and the conflict of having a career and raising a family. Growing up in that era, it seemed we had such a short time to get it all done. We grew up hearing about working 30 years and retiring with a pension. The retirement age was 60. Life expectancy for men was 68 and for women 76.
Today life expectancy is 78 for men and 82 for women. My mother is 89. Baby boomers who were raised expecting to retire by 60 are now retiring at 65 and 67. Baby boomers who are younger than 55, can now expect their full retirement age (based on Social Security) to be 70…at least.
Wow – 50 years – that’s a long time to work!
That’s also long enough to have it all!! Without having to do it all at once! (more…)