Abstract

AS BABY BOOMERS BEGIN TO REACH RETIREMENT AGE IN 2010, THEY ARE faced with the prospect of twenty to thirty postwork years. Should this period have any goals or purpose other than be a very long vacation? Four gerontological theories propose alternative priorities for this time: continuity, new start, disengagement, and completion. Each has a place within a full life. Careful consideration of each theory exposes how certain vices and virtues mutate during this "third age" of life: integrity and dissipation; self-gratification and generosity; repentance, humility, and denial; and trust and detachment.