Title | Back to Work: Expectations and Realizations of Work after Retirement. |
Publication Type | Journal Article |
Year of Publication | 2010 |
Authors | Maestas, N |
Journal | J Hum Resour |
Volume | 45 |
Issue | 3 |
Pagination | 718-748 |
Date Published | 2010 Summer |
ISSN Number | 0022-166X |
Call Number | wp_2004/Maestas_MRRCwp0315.pdf |
Abstract | This paper analyzes a puzzling aspect of retirement behavior known as "unretirement." Nearly 50 percent of retirees follow a nontraditional retirement path that involves partial retirement or unretirement, and at least 26 percent of retirees later unretire. I explore two possible explanations: 1) unretirement transitions result from failures in planning or financial shocks; and 2) unretirement transitions are anticipated prior to retirement, reflecting a more complex retirement process. I show that unretirement was anticipated for the vast majority of those returning to work, and is not a result of financial shocks, poor planning or low wealth accumulation. |
DOI | 10.1353/jhr.2010.0011 |
User Guide Notes | |
Endnote Keywords | Labor Force Participation |
Endnote ID | 13282 |
Alternate Journal | J Hum Resour |
Citation Key | 7430 |
PubMed ID | 24791018 |
PubMed Central ID | PMC4004604 |
Grant List | P01 AG022481 / AG / NIA NIH HHS / United States R03 AG023108 / AG / NIA NIH HHS / United States |