Every day during this year, more than 7,000 boomers will turn 65 years old. AARP's December survey of boomers turning 65 in 2011 finds the first wave boomers are, for the most part, satisfied with their lives now and optimistic about the future.
Among the top concerns for these boomers are financial security and improving their health.
Some boomers turning 65 have age-related concerns similar to ones their parents experienced when they were 65. They have found, like their parents, they want to age in place, and chronic health conditions and financial responsibilities will influence how they will live the last third of life.
But the soon-to-be 65-year-olds differ from their parents in one important aspect: retirement. The survey shows baby boomers overall and many of those turning 65 consider work to be part of retirement, and a significant percentage say they never will consider themselves retired.
Other key findings are:
78% of those turning 65 this year say they are satisfied with how their lives are going today. Five years ago, 77% of boomers said they were satisfied.
More boomers feel they are worse off than feel they have done well in terms of their financial security and health.
Only about 40% respondents say they are about where they expected to be in these same areas.
A majority of boomers, 70%, turning 65 say they have achieved all or most of what they wanted out of life, and 26% say they have achieved some of what they wanted. Just 3% say they have achieved little or none of what they wanted out of life.
Boomers turning 65 also expect to live about the same number of years as they wish to live. On average, boomers turning 65 wish to live to about 88.7 years, and they expect to live until they are 85.2 years old.
Source: AARP
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