Aug 20, 2011

Average Retirement Age Increases

The Center for Retirement Research at Boston College is reporting that since the mid-1990s the average retirement age for men has increased from 62 to 64 and for women from 60 to 62. The researcher relates this to:
  • changing incentives in Social Security and employer pensions;
  • better education and health coupled with less strenuous jobs; and
  • the decline in retiree health insurance.

1 comment:

Anonymous said...

And the numbers will turn right around thanks to the super recession. Folks laid off at/around 62 don't have the option to wait til 64/65 any longer.