Is Retirement Being Remade? Developments in Labor Market Patterns at Older Ages
In Recalibrating Retirement Spending and Saving, edited by John Ameriks and Olivia S. Mitchell. Oxford University Press, August 2008.
Sewin Chan & Ann Huff Stevens
This chapter investigates non-traditional work and retirement patterns among older individuals in the Health and Retirement Study. It first reviews the evidence on retirements that initially involve bridge jobs or some form of partial retirement. It then looks at analysis on retirement reversals in which individuals resume or increase work activity following a period of retirement. Almost one third of the individuals in the sample who are ever partially or fully retired make at least one transition from more to less retired during the period of observation. The chapter also explores the characteristics of individuals making such transitions.