European Stars And Stripes (Newspaper) - November 10, 1987, Darmstadt, Hesse Tuesday. November 10, 1987 the stars and stripes Pago ,. R �. Of a St Lri Xiv. V-s-afe-1-- huge floating Island of ice in Ross sea a Sali Lille Hutu taken oct. 26 Over hit Antarctic shows a massive Drifting iceberg in the Ross sea. The iceberg is the Oblong piece in the loner left Center of the photo National sconce foundation hire ported that the it Cru measures Sibi iut 25 Milts hide and 98 Miles Long. That s it nut twice the sue of Rhode Island. Officials said thai ii Ici thru if mulled Dhoti child Supply All the water needs if Iris Angeles for the nil 675 ears. Baby Boomers plan to retire Early poll finds by United press International most baby Boomers plan to retire before a of 60 and will rely less on social Security and visions and More on investments and Home equity than their parents according to pollsters for a major adult hous ing Developer. As baby Boomers those born in the decade or so after world War a. Approach retirement age. The num Ber of folder persons in the United slates is expected to increase and the retirement housing Industry is pre paring for what it Hopes will be an onslaught of new retirees seeking housing. The number of . Citizens Over 50 is ejected to increase 60 percent Over the next Quarter cd usury As baby Boomers reach retirement ago. The Del Webb corp. Of . Ari?., one of the nation s largest retirement housing developers has been Survey my californians to determine the retire ment plans and altitudes of today s working Middle age population. The Survey was conducted at shopping malls in los Angeles and Havourd and is 10 i repeated Neil week end in Huntington Beach and the following weekend in Merced. Del Webb spokesman Ken Penni i said the company Hoies 10 expand the Survey nationwide we Foum Hal Bahy Boomers intend to retire at a younger age than their i Lonski said. "silly-fin.1 pm Neil Ai lot Angeles said they plan to retire a Curr the a e of at Hajj re the figure was 72 Percy no in los Angeles 130 baby Boomers n to half if Vliem Between 37 and 42. Were Questione-.1 Ureng inc firs phase of the Survey. Another 5 j retirees were surveyed for comparison purposes. At Hayward 219 people were questioned. 53 of them still working with an average age of to. We have worked with the retired Market for a Long Lime but la 1 is the tint time we have talked la baby Boom re about their i Lonski said we Are surveying a number of issues including medical plans fms ii housing when they plan to retire and if they perceive retirement As being heir or worse than Hal of their Plons isaid. He said the Raj oily of retirees who were Ijes lion cd said social Security and pension checks Are their largest sources of Ini ome. While the baby Boom ers indicated they would depend on it Simi Nii and Home equity by a 2-1 ratio Ever Socia Security and pensions. They re just going to be Heller not Man till sociologist Rita Ricardo Campo Eji sait of Obj bunkers. Ricardo lamp Hill. A senior fellow at the to looser inst Juluin at Stanford Unis easily unit 3 published jul Thor on the subjects of baby Boomers and retirement said the Del Webb Sune Refl in Ime tends that Bave been apparent in recent i hrs the slain and Federal government Are thing to encourage later Prtrt Irmen. In. Ear Alier Vear men Are retiring earlier and earlier Slie said. The can afford in i liar arid live a Little More Coniku stably. They Siave Mure of an asset currently the average Retia ment age is i she said. Ricardo Campbell said she expect the retirement age for women to drop As Well because baby Boomer women Are entering the labor Force earlier. In 1960, people Over 65 constituted 32 percent of the labor Force Ricardo Campbell Laid. In 1414 they were less than 20 percent. Asked How they plan to spend their retirement. Most baby Boomers picked travel More while retirees a Torch buying a new Hume. Umonski said. He said Del Webb and other adult housing developers Are becoming increasingly interested in retire ment trends As baby homers the people born be tween the mid i mus and the carry a us mature. Seniors Are an Skou billion Tmekei in this coun try or said. People Over 50 have 50 percent of the disposable in me in this country. We want o know what they Are going to be thinking Abnusi 25 a cars from according to the Survey an overwhelming percent a end baby Boomer Tes Pondt Nis 4 percent in los Angeles and 6 1 percent in Lla wafd Taij they a Peel their retirement to he More sati saving Llian that of to lifer parents. Liabo Boomers arc also Sanning for their retirement earlier. I Lonski Sui. In Hayward 3y was the average ape that still working people said they began planning or will begin planning for Rel Cremeni. Whiff retirees said they began planning at 52
