Arbeitspapier

Work and retirement plans among older Americans

We compare older workers' plans for work and retirement with their subsequent work and retirement outcomes using panel data from the Health and Retirement Study. Among those with retirement plans, about half indicate they would like to cut back on their work hours or otherwise change the type of work they do prior to, or instead of, fully retiring. Yet, the fraction that follows through on these alternative plans is dramatically lower than the fraction that realizes plans to stop working. Our analysis shows that individuals who likely would need to change jobs in order to reduce their work hours are much less likely to have plans to reduce hours and, conditional on having such plans, are much less likely to follow through on them. Instead, a large fraction of these individuals stop working entirely. Our findings suggest that older workers may face substantial barriers to job change, and we conclude with a discussion of potential policy implications.

Sprache
Englisch

Erschienen in
Series: Upjohn Institute Working Paper ; No. 04-105

Klassifikation
Wirtschaft
Retirement; Retirement Policies
Time Allocation and Labor Supply
Thema
Ältere Arbeitskräfte
Altersgrenze
Erwerbstätigkeit
Panel
USA

Ereignis
Geistige Schöpfung
(wer)
Abraham, Katharine G.
Houseman, Susan N.
Ereignis
Veröffentlichung
(wer)
W.E. Upjohn Institute for Employment Research
(wo)
Kalamazoo, MI
(wann)
2004

DOI
doi:10.17848/wp04-105
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Abraham, Katharine G.
  • Houseman, Susan N.
  • W.E. Upjohn Institute for Employment Research

Entstanden

  • 2004

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