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Dreams deferred: Boomers delaying retirement plans
Two years ago, Veldon Sorensen was getting ready to move to Fresno, California. The 62-year-old had no plans to retire anytime soon, having moved seven times during his career — including stints in Canada and Germany — as a researcher for Bayer CropScience. But when he looked at the appraisal on his Salt Lake City home and the fact that the Fresno housing market was still on the decline, he couldn’t see how the move made financial sense. So he took a severance package and an early retirement, uncertain of what the future would hold. Read more.
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