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The Average Retirement Age – An Update

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  • Alicia H. Munnell

Abstract

The brief’s key findings are: *Labor force activity among older Americans began rising in the mid-1980s due to: *changing Social Security incentives; the shift to 401(k) plans; and *improving health, longevity, and education. *Updated data, however, suggest that these factors may have played themselves out. *As a result, the average retirement age has increased only slightly in the last 10 years: to 64 for men and 62 for women.

Suggested Citation

  • Alicia H. Munnell, 2015. "The Average Retirement Age – An Update," Issues in Brief ib2015-4, Center for Retirement Research.
    • Handle: RePEc:crr:issbrf:ib2015-4
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    File URL: http://crr.bc.edu/briefs/the-average-retirement-age-an-update/
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    Cited by:

    1. Wenliang Hou & Alicia H. Munnell & Geoffrey T. Sanzenbacher & Yinji Li, 2017. "Why Are U.S. Households Claiming Social Security Later?," Working Papers, Center for Retirement Research at Boston College wp2017-3, Center for Retirement Research.
    2. David Neumark & Maysen Yen, 2020. "Relative Sizes of Age Cohorts and Labor Force Participation of Older Workers," Demography, Springer;Population Association of America (PAA), vol. 57(1), pages 1-31, February.
    3. Anna Amilon & Mona Larsen, 2023. "Increasing retirement ages in Denmark: Do changes in gender, education, employment status and health matter?," European Journal of Ageing, Springer, vol. 20(1), pages 1-10, December.

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