Retirement is a moving target for most working Americans. The average worker retires earlier than age 65 according to The Gallup Poll* — long considered the age of normal retirement and still the specified age of retirement for many employers.
*Gallup Poll updated May 15, 2013, http://www.gallup.com/poll/162560/average-retirement-age.aspx
However, it's clear that the baby boomer generation is reshaping the very notion of retirement just as it has reshaped so much about American culture.
Many of today's retirees continue to work part time after leaving the traditional workforce or transition to different careers with plans to postpone "full" retirement until a later date.
Whatever your vision of retirement, the most likely way of achieving it is to have a plan. Here are five things to consider as you formulate your plan: