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...turned 65 and started collecting Social Security benefits. Meanwhile, the $1 million she had managed to save in tax-advantaged accounts would grow to $1.3 million or so. Only then would she start tapping the income from her nest egg. Parry looked forward to filling her golden years with golf, restaurant meals and frequent travel...

Author: /time Magazine | Title: Will We Ever Retire?: Everyone, Back in the Labor Pool | 7/29/2002 | See Source »

This attitude sets boomers apart from their parents, who have traditionally been content to travel, golf and play a lot of pinochle. The emerging retirement ideal is far more active. The University of Miami Institute for Retired Professionals arranges for anyone over 50 to audit regular university courses or take five-week summer sessions, with such classes as creative writing, literature, drawing, computers and a newly added course on Middle East politics and Islam. "A lot of folks are here every day," the institute's director, Noreen Frye, says of the over-50 set. "Others are active with their church...

Author: /time Magazine | Title: Will We Ever Retire?: Everyone, Back in the Labor Pool | 7/29/2002 | See Source »

...willing older worker is Frank Dillon, 65, of Concord, Calif. After 37 years as a marketing executive at PG&E, Dillon enjoys a generous pension benefit and has personal assets of more than $1 million. He spent his first golden year exactly as he had envisioned--reading, playing some golf and, one by one, knocking off several odd jobs and improvements such as building a deck at his home. But then something he had not envisioned intruded on years of planning: he got bored. So he took a part-time job supervising tee times at a nearby golf club...

Author: /time Magazine | Title: Will We Ever Retire?: Everyone, Back in the Labor Pool | 7/29/2002 | See Source »

...Antonio, Texas Mention San Antonio, and most people remember the Alamo. But there's so much more: colleges, museums, challenging golf courses, Market Square with its arts and crafts stores, and the charming River Walk, lined with restaurants and parks. San Antonio nicely combines big-city amenities with a small-town resort feel...

Author: /time Magazine | Title: Will We Ever Retire?: How to Retire Cheaply--and Well | 7/29/2002 | See Source »

Charleston, S.C. Not only is Charleston a waterside city that exudes small-town feel; it also has Old World Southern charm. Cobblestone streets with stately mansions, old churches and ornate public buildings abound. And the city boasts excellent theaters, museums, restaurants and golf courses (including America's oldest...

Author: /time Magazine | Title: Will We Ever Retire?: How to Retire Cheaply--and Well | 7/29/2002 | See Source »

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