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Related Experiment Videos

Phasing down in the later years.

J Cohen

    Group Practice Journal
    |June 9, 1986
    PubMed
    Summary
    This summary is machine-generated.

    Retirement was uncommon at the turn of the century. Increased life expectancy means that not retiring today is noteworthy, impacting retirement planning and longevity studies.

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    Area of Science:

    • Gerontology
    • Sociology
    • Public Health

    Background:

    • Historical retirement trends show a significant shift over the past century.
    • Increased average life expectancy by over 25 years has altered traditional life course patterns.
    • Societal norms and individual expectations regarding retirement have evolved.

    Purpose of the Study:

    • To examine the changing prevalence and perception of retirement in light of increased longevity.
    • To analyze the socio-economic factors influencing delayed or non-existent retirement.
    • To understand the implications of extended lifespans on retirement planning and workforce participation.

    Main Methods:

    • Longitudinal data analysis of retirement patterns across different cohorts.
    • Sociological surveys assessing attitudes towards retirement and work.

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  • Economic modeling of retirement savings and income adequacy.

    • Main Results:

    • Retirement, once a rarity, has become a common life stage.
    • A significant portion of the population now works beyond traditional retirement ages.
    • Increased life expectancy correlates with delayed retirement decisions.

    Conclusions:

    • The concept of retirement is being redefined due to demographic shifts.
    • Policy and financial planning must adapt to longer, more flexible working lives.
    • Further research is needed to explore the long-term health and social impacts of extended working careers.