Back to Work: Expectations and Realizations of Work after Retirement.

TitleBack to Work: Expectations and Realizations of Work after Retirement.
Publication TypeJournal Article
Year of Publication2010
AuthorsMaestas, N
JournalJ Hum Resour
Date Published2010 Summer
ISSN Number0022-166X
Call Numberwp_2004/Maestas_MRRCwp0315.pdf

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.

User Guide Notes

Endnote Keywords

Labor Force Participation

Endnote ID


Alternate JournalJ Hum Resour
Citation Key7430
PubMed ID24791018
PubMed Central IDPMC4004604
Grant ListP01 AG022481 / AG / NIA NIH HHS / United States
R03 AG023108 / AG / NIA NIH HHS / United States