TY - RPRT T1 - Retiring earlier than planned: What matters most? Y1 - 2019 A1 - Alicia H. Munnell A1 - Matthew S. Rutledge A1 - Geoffrey T. Sanzenbacher KW - Health Shocks KW - Retirement Planning & Satisfaction KW - Wealth Shocks AB - The brief’s key findings are: More than a third of older workers retire earlier than planned: the question is why? This study looks at: 1) the impact of unexpected changes in health, employment, family, and finances on early retirement; and 2) the prevalence of these shocks.The findings suggest that: Health shocks play the largest role, mainly because they are widespread.Job loss without finding a new job, while not as prevalent, is also important. Family transitions have a modest impact, while financial shocks appear to have little effect. A key caveat is that all the shocks combined explain only about a quarter of earlier-than-planned retirements, so clearly other factors are also at play. JF - Issue in Brief PB - Center for Retirement Research at Boston College CY - Newton, MA UR - https://crr.bc.edu/briefs/retiring-earlier-than-planned-what-matters-most/ ER -