TITLE

Early Retirement Getting Later…

PUB. DATE
June 2007
SOURCE
Journal of Financial Planning;Jun2007, Vol. 20 Issue 6, p12
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses a paper published by the Center for Retirement Research at Boston College in Boston, Massachusetts, that reveals that a trend for workers to retire earlier has leveled off and reversed since the 1980s. The paper, entitled "The Recent Trend Towards Later Retirement," suggests that later retirement is because Social Security has increased financial incentives to continue working, the shift from defined-benefit plans to defined-contribution plans has shifted investment risk to workers, and because of rising health care costs.
ACCESSION #
25309654

 

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