Millions of seniors have retired in the Southwestern Sunbelt. They are drawn by the warm weather, a bounty of activities and low cost-of-living. The massive wave of baby boomers just starting to retire are likely to find a reality far different from that of their elders. The recent recession brought steep losses in personal wealth, led by plummeting housing prices and thinned retirement portfolios. Rising health care costs and federal budget cuts threaten the Medicare/Social Security blanket. In this ongoing series of multimedia stories, Fronteras: The Changing America Desk investigates how retirement is being redefined and offer links to useful sites that may keep your nest egg from spoiling.
Retirement Redefined: A Timeline