Boomers are relatively calm facing retirement despite a turbulent economy, according to Charles Schwab’s quarterly retirement pulse survey, released August 31.

Fifty-four percent of boomers say they don’t expect to delay their planned retirement date. Still, more than one-third (38%) say they will retire later than planned.

Almost three-quarters said they wouldn’t need financial support at some point after they retired. Furthermore, 54% said they expected to retire debt free.

“The optimism is a positive sign about the planning they’ve done and they’re able to quantify it and have the means to do it,” Tad Fryer, vice president and branch manager for Charles Schwab, told Investment Advisor.

“It’s crucial to think not just of the day, but of a longer retirement,” Fryer warned, adding that while some costs disappear at retirement, there are others, such as health care, that are very expensive.

“Three-quarters of people who were surveyed don’t expect support at some point in their retirement. Independence is a prized commodity, but it behooves that person to sit down with a financial planner and take a hard look at what they need.”

The survey attributed boomers’ composure to their plans to continue working after they retire from their current careers. The vast majority (88%) say they will continue working “even after becoming eligible for full retirement benefits.” One-quarter said they would continue working because they wanted to stay mentally, physically and socially active; 28% said it was because they would need the money.

Half of boomers said the most important lesson they could teach younger generations would be to live within their means. Just 30% agreed the next most important lesson was to begin saving at an early age, though.