Tag: retirement age
The brief’s key findings are: Over the past 25 years, the average retirement age for U.S. workers has been rising, a trend that should align with when people first claim Social Security. But the percentage of all initial claimants who are age 62 shows little change until recently. A better metric to capture claiming behavior…
Men are retiring at 64; women at 62. Since working longer is the key to a secure retirement for the vast majority of older Americans, it is useful to take a look at recent labor force trends. From the beginning of the 20th century, labor force participation of older men had declined steadily until t…
