If what you are asking DisneySteve, is Generation X "copping out" by admitting we won't have the money to fully retire and cruise around the world until death, you probably have a point.
We are probably "warping" the definition.
I suppose I have had to change the definition of retirement and concede I will probalby have to work, at least from 65 to 75 doing something. I don't think I'll have that 4.2 million at age 65 - another "call" of my generation (no kick back retirement for us).
That being said, even though we have warped it, we get to change how we live our life. I plan to travel to the places I really want to see in my mid-to-late 40's (Hawaii, Iceland and Scotland), after that. . .I'm done. I don't have the travel bug like most people. I'll read about places and watch TV, that's good enough for me. So my "semi-retirement" will about work, charity, and grandkids mostly. If my wife wants to travel with a friend all around when she is 65. . .have at it.
I'll stay behind and do some work. We've cut our travel bill in half and I get to sit around the house by myself in my boxer shorts drinking beer and eating buffalo wings for a week why she goes on a Caribbean cruise.
