Baby boomers changed the paradigm in nearly every market they passed through, so why should retirement be any different?

You need look no further than those rock and roll concerts the age cohort continues to fill. The artists performing at these venues tend to be well beyond the traditional retirement age. Why should it be any different for the generation that once held them up as teenage idols?

I’ve noticed a plethora of articles on the concept of what many call “Retirement 2.0” (the earliest reference I found of this phrase is from a PRWeb article dated June 30, 2014). Indeed, I wrote a series of articles on the subject last month. Of interest, though, is the different responses we’ve seen to this between public officials/policy wonk (i.e., those who don’t practice within the field) and those with actual, real-life, hands-on experience. It’s as distinct as the whole “glass half empty/glass half full” debate.

Almost anywhere you turn, politicians and talking heads cry about the “impossible dream” of retirement facing many people.

Unfortunately, they don’t have the slightest grasp as to what’s really happening.

The best example of this occurs when the combine the popular memes of “lost retirement” and “income gap” to conclude the poorest in the nation are too poor to save for retirement; ergo, they won’t ever be able to retire.

Those who know the score know that’s not the group being robbed of retirement. It’s the middle class who stands to “suffer” the most. The extremely rich can afford to do anything they want. They extremely poor will continued to be subsidized by the extremely rich through omnipresent cradle-to-grave government programs – at least until the extremely rich pack up and move out.

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Christopher Carosa

Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal FiduciaryNews.com and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook (https://www.facebook.com/christophercarosa/)and Twitter (https://twitter.com/ChrisCarosa).