Comfy? Carefree? Sick and Tired?

We know you are one-of-a-kind, but that doesn't stop academics from trying to pigeonhole your behavior. Gerontologist Ken Dychtwald, author of Age Wave, Age Power, says retirees can be classified under four types, based on retirement behavior and financial preparedness.

Ageless Explorers (27% of retirees fall into this category) "personify a new ideal retirement. They would rather be too busy than risk being bored." There's no room, or need, for penny-pinching on these active seniors' calendars. That's because before they retired, the majority of them (73%) planned ahead and contributed to IRAs, while about 50% contributed to 401(k)s.

Comfortable Contents (19%) have views about retirement that are more traditional. They're happy to relax and pass away their golden years with peaceful calm. Like Ageless Explorers, most had their retirement finances solidly in place to assure that their afternoon catnaps wouldn't be interrupted by calls from bill collectors.

Live-for-Todays (22%), as you might guess from the name, fill their retirement with activities that they never tried in their pre-retirement years. ("Hal, it's your turn to bungee!") Though this may be the fun crowd to hang out with, they aren't quite as financially prepared for retirement as they'd like to be. Less than half of this group invested in various taxable and tax-advantaged retirement accounts to get ready for their post-9-to-5 life.

Sick-and-Tireds (32%) got that way because they're more likely to be found still toiling in the working world. Those who fall in this group are living tarnished golden years because they failed to prepare sufficiently for retirement. Fewer than one-quarter of these retirees contributed to IRAs and 401(k)s in their early years. And they did not put away much in taxable accounts, either.

Although the size of the cash cushion certainly correlates with retirement happiness, even more important is the amount of time spent amassing a retirement kitty. For those who want to set themselves up for the ideal after-work life (our Rule Your Retirement folks can help you do it, by the way), we suggest an additional classification to the four above -- Fools.

For a related topic, check out "Can You Count on Your Pension?"

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