Work and Retirement: How and When Older Americans Leave the Labor Force

A century-old trend toward earlier and earlier retirement among older American men came to a halt during the 1980s and then reversed. For older American women, a dramatic break from trend occurred at the same time. These changes coincided with significant changes in the retirement environment that altered the relative attractiveness of work and leisure late in life in favor of work. Since most of the environmental changes are permanent, we have entered new era, with workers leaving the labor force later than their predecessors, with many continuing to retire gradually, in stages, utilizing bridge jobs on the way out.

retirement planning/labor Force Participation/Bridge Jobs

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