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Article: Saying Goodbye to Traditional Retirement
- Article from:
- NJBIZ
- Article date:
- November 17, 2008
- Author:
CopyrightCopyright Journal Publications Inc. Nov 17, 2008. Provided by ProQuest LLC. (Hide copyright information)
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Financially secure seniors find an active role in business helps them find fulfillment
RETIREMENT
THE TUBBULENT ECONOMY has driven many people to push back their plans to retire, as the val- ues of their 401 (k]s and other assets plunge. But for some over-65 entrepreneurs, retirement is a dirty word.
These men and women say they want to keep working, even if they do not need to, for a decade or more past traditional retirement age. It can make sense from a psychological point of view as well as a financial one, some experts say.
When Geoffrey GauUdn, a former New Jersey Superior Court judge, stepped down from the bench in 1995, retirement was one of the last things on his mind. Today, at ...