Retirement patterns have changed substantially in the United States in the last 30 years. During the period from 1900 to 1980, there was a continuous decline in the labor force participation of older individuals.
However, this trend has reversed since the 1980s. Americans are now retiring later and expect to continue doing so. Recent research suggests a number of significant changes that have increased the labor force participation of older workers.
In this issue brief, IMPAQ researchers describe recent trends in retirement patterns and the increasingly complex ways in which older workers now transition from work to retirement.