Oldest Boomers Retiring at a Faster Rate Than Expected

Now turning 67, the first set of baby boomers are busting myths and aren’t working until they drop, as predicted, according to a study by the MetLife Mature Market Institute. Fifty-two percent of boomers born in 1946 are fully retired. Of those, 38 percent said they’re ready to retire, while 17 percent cited health reasons and 10 percent cited a job loss. The figures represent a big jump since 2007 and 2008, a significant leap from the 45 percent retired in 2011. “As the oldest Boomers dive into retirement, even though some have been forced to do so earlier than…

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