Tag: Average retirement age
Today, the average retirement age for men is 64. The average retirement age is defined here is the age at which more than half of men are no longer participating in the labor force. The comparable age for women is 63. If people continue to retire at 63 or 64, they are going to fac…
Introduction With a contracting retirement income system and increased life expectancy, working longer has emerged as perhaps the most effective lever for improving retirement income security. More work at older ages should be entirely feasible for the bulk of the population, given that today’s workers are healthier and work is less onerous than in t…