There is a large group of active retirees and future retireeswho plan to stay involved. AIG has dubbed this group the Ageless Explorers. They are generally healthier and better prepared for this new phase of life. They want to continue the excitement and sense of accomplishment that they felt in their work lives. They would feel restless sticking to the old definition of retirement. But this time they will do it on their own terms. They are starting businesses and consulting and turning hobbies into satisfying work.

However, you may not want to – or be able to – wait any longer to retire and decide that now is the time. Many investment vehicles make it difficult for you to access your funds without tax penalties before age 59 ½. But if you are
considering retiring before age 59 ½, you may want to dip into some income from your IRA.