No, not THAT kind of binge. Rather, here I’m talking about the typical, traditional career path that has had many of us first overdosing on education, then work, then — in retirement — free time. For many people, that suits them just fine.
But, over the past decade or so, circumstances have been changing, in ways both positive and negative, individually and collectively, in our mindsets and life expectancies as well as the economy. The upshot has been increased flexibility in the way we think about the various stages of the lifecycle, and the varying degrees to which we engage in learning, working, and leisure at all ages. Because one size really doesn’t fit all — and despite the additional complexity a less traditional lifecycle can impose on your personal financial plan — I think that’s a good thing. For more on this, check out this article Take A Break From The Binge by The Motley Fool.