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Early Retirement: The New Landscape of Retirement Trends

Explore the shifting dynamics of retirement trends and the impact of changing economic, social, and health factors on retirement decisions. Delve into the evolution of retirement policies and societal shifts influencing labor force participation rates in various age groups.

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Early Retirement: The New Landscape of Retirement Trends

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  1. Early Retirement: The End of an Era?Joseph QuinnDepartment of EconomicsBoston CollegeNortheastern UniversityOpen Classroom9 February 2011

  2. Early Retirement: The End of an Era?Joseph QuinnDepartment of EconomicsBoston CollegeBEANPOT - GO EAGLES!! Northeastern UniversityOpen Classroom9 February 2011

  3. Dora Costa, The Evolution of Retirement, University of Chicago Press, 1998 Labor force participation rates of men aged 65+ and 55-64

  4. Labor Force Participation Rates: Men, by age Source: BLS

  5. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  6. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  7. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  8. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  9. The New Retirement Environment What Changed since mid-1980s? .

  10. The New Retirement Environment What Changed since mid-1980s? Almost everything!.

  11. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recently

  12. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recently Mandatory retirement outlawed

  13. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recentlyMandatory retirement outlawed.Social Security incentives

  14. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentives

  15. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and health

  16. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobs

  17. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technology

  18. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technologyPost-retirement health insurance coverage

  19. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technologyPost-retirement health insurance coverageSocial Security benefit cuts …

  20. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technologyPost-retirement health insurance coverageSocial Security benefit cuts …… although they are rarely described that way

  21. Labor Force Participation Rates: Actual and Fitted Values, 1964 – 2009

  22. Labor Force Participation Rates: Actual and Fitted Values, 1964-2009

  23. Labor Force Participation Rates: Men, By Age Source: BLS

  24. Labor Force Participation Rates: Men, By Age Source: BLS

  25. Labor Force Participation Rates: Actual and Fitted Values, 1964 – 2009

  26. Labor Force Participation Rates: Actual and Fitted Values, 1964 – 2009

  27. Labor Force Participation Rates: Women, By Age Source: BLS

  28. Labor Force Participation Rates: Women, By Age Source: BLS

  29. Joseph F. Quinn Department of Economics Boston College Chestnut Hill, MA 02467 joseph.quinn@bc.edu

  30. Average Annual Change in Labor Force Participation Rate 1965 - 1985 and 1985 - 2009Females, by Individual Age

  31. Average Annual Change in Labor Force Participation Rate 1965 - 1985 and 1985 - 2009Males, by Individual Age

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