Study: Today’s Average Retirement Age Same as a Decade Ago

by Administrator

Today’s average retirement ages of 64 for men and 62 for women are about the same where they were a decade ago, suggesting that some factors spurring the trend toward working longer since the 1980s may have exhausted themselves, according to new research from the Center for Retirement ResearchLink Icon.

The report’s authors attribute the increase around the 1980s to perceived benefits from Social Security, improved health and longevity, education (people with more education tend to work longer), less physically demanding jobs, joint decision making between spouses, decline of retiree health insurance and non-monetary factors. “Since working longer is the key to a secure retirement, the labor force activity of people in their 50s and 60s is a crucial issue,” the report’s authors write. They say the recent leveling off of the average retirement age suggest that these earlier drivers of working longer are no longer having a substantial impact.


Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Assisted Living and Senior Related Events.

Our Locations

Click a link below to see specific location information in those cities.

Assisted Living Littleton Locations

Assisted Living Centennial Locations

Assisted Living Englewood Locations

All Assisted Living Colorado Locations Map

Call for a tour today! 720-344-7217

what is assisted living
assisted living littleton pictures
adult day care littleton

We are Members Of