03/28/2008 02:45 am ET Updated May 25, 2011

Retiring After 60 Can Drastically Improve Your Life

Medicare is running a cash deficit, Social Security coffers are draining, a talent shortage looms - and the bulk of the boomer generation is still years from retiring.

But according to Marc Freedman, 49, founder of think tank Civic Ventures and co-founder of over-55 service program Experience Corps, the graying of boomers doesn't have to trigger a fiscal crisis.

In his book "Encore," Freedman suggests that if older Americans could just find more meaningful jobs, they'd happily work longer, save more and tax the system less.

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