Rewriting the retirement rules

New rules for Boomers retiring in Australia. Read the excerpt below. Sydney Morning Herald By John Collett October 21, 2009 The baby boomers are doing things their way when it comes to leaving the workforce. It's retirement – but not as their parents knew it. The first of the baby boomers are hitting retirement and showing they will do things their way. Mostly, they want to travel, stay fit and healthy, do some voluntary work and help out their children and grandchildren, says a financial adviser with RetireInvest, Tim Brady. But the national practice manager with Industry Funds Financial Planning, Frank Gayton, says the financial crisis has reduced the nest eggs of many and they are wary of risk. Read the entire article: http://www.smh.com.au/news/business/money/planning/rewriting-the-retirement-rules/2009/10/20/1255891802289.html