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Welcome to the Age of Revolving Retirement! Mini-Presentation September 2012

The Revolving Retired life stage—households with a head age 55 or older with no children younger than age 18 present—falls between the Preretired and the Retired life stages. Traditionally, households moved from the Preretired life stage (households headed by adults between the ages of 55 and 65) to full retirement. Increased longevity, dual-earner households with different timing, and economic necessity are among factors forcing millions of not-wealthy households to chart a new course. Strategic Business Insights' (SBI's) Consumer Financial Decisions first reported this new life stage—Revolving Retired—in 2001. In less than a decade, the Revolving Retired have increased by roughly 2 million households.

Watch this mini-presentation by Larry Cohen, director of SBI's Consumer Financial Decisions group, to find out more about the Revolving Retired and their needs.

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