It’s Time to Retire Retirement

For the past two decades, the editors of Trends have been explaining why the traditional concept of retirement is destined to vanish by the second decade of the 21st century. This is becoming increasingly evident. The Bureau of Labor Statistics foresees a shortfall of 10 million workers in the United States by 2010. Let's look at how society and business will have to change for the coming new era.

In the next decade, 76 million people — more than one-quarter of all Americans — plan to retire. And there won't be enough.....