Retiring to go play golf in Florida isn’t the draw it used to be. In a 2014 Bank of America Merrill Lynch survey, 72% of employees over age 50 reported that they’d like to continue working in retirement. Partly that’s a response to the Great Recession and a need to compensate for diminished savings; a Conference Board study showed that in the past eight years, nearly two-thirds of 45-60 year-olds experienced a 20% or greater decline in their assets.
