The first two paragraph of a book titled "Taking the Mystery Out of Retirement Planning" developed by the Department of Labor:
"It’s not going to be your parents’ retirement—rewarded at 65 with a gold watch, a guaranteed pension, and health insurance for life. For many Americans, retiring in this century is a mystery. Earlier generations of workers could rely on employer-provided pensions, but now many workers will need to rely on their own work-related and personal savings plus Social Security benefits. These savings have to last longer because Americans are living longer, often into their eighties and nineties.
If you are one of those people who want to plan – and are about 10 years from the day you retire – this booklet is for you. Today’s (and tomorrow’s) retirees may well have a new kind of retirement. With a longer and healthier life span, bikes, boats, planes, and RVs may be part of your life, because you are more likely than previous generations to have an active retirement lifestyle."