PROJECTModernizing Our Retirement Programs

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  • Case Study: Employment at Older Ages

    Introduction
    Convert to Alternative Measures of Age
    Convert to Chronological Age
    Case Study: Employment at Older Ages

    To illustrate how alternative age measures can be applied, we examined how they affect observed employment trends. Looking at employment for 65-year-old men since the 1960s using chronological ages, we see that employment rates initially dropped but then increased from the mid-1990s to 2016. Using the life expectancy age, however, we find that employment at older ages has dropped steadily over time. In 2016, 49 percent of 65-year-old men were employed. In 1968, 93 percent of men with the same life expectancy as today’s 65-year-olds were employed. We see a similar steady decline when using the relative life expectancy age.

     
    Research Areas Aging and retirement
    Tags Retirement Retirement policy Older workers
    Policy Centers Income and Benefits Policy Center Center on Labor, Human Services, and Population