July 2025
21Jul

Nearly 1 in 4 people in the U.S. over 50 are delaying retirement due to economic concerns, survey finds

About one-quarter of Americans over the age of 50 have been pushing back their retirement plans due to economic uncertainty and their financial readiness, a new survey finds. The survey, conducted by ROI Rocket for F&G Annuities & Life, polled 2,000 U.S. adults aged 50 and older who are financial decision-makers and have at least $100,000 in financial savings. Of this group, 23 percent said they are delaying their planned retirement date — a figure that shot up 14 percent from 2024. Half of...

July 21, 2025
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14Jul

South Korea Boomers Having Their Wages Cut for Continuing to Work

South Korea's older workers are facing steep wage cuts and insecure work conditions simply for staying on the job past a certain age—a reality drawing criticism from rights groups. Why It Matters South Korea has one of the highest rates of elderly poverty in the developed world. According to Human Rights Watch (HRW), 38 percent of people over 65 live in relative poverty. The nation's "peak wage" system and mandatory retirement policies are pushing many older workers into lower-paid, more precarious jobs, even as...

July 14, 2025
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10Jul

UK. Older Brits delay retirement while younger workers risk being underprepared

Older Brits are delaying retirement due to the rising state pension age (SPA), according to research from the University of Bath, yet many younger workers, particularly women, risk being underprepared by holding onto unrealistic early retirement hopes. The research revealed a “clear” gap between expected and actual retirement behaviour, with younger workers expecting to retire before reaching SPA, while older workers tend to revise their plans when they are already close to retirement when opportunities to boost savings and continue...

July 10, 2025
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June 2025
06Jun

Flexible Retirement and Optimal Taxation

By Abdoulaye Ndiaye & Zhixiu Yu Raising the retirement age is a common policy response when social security schemes face fiscal pressures. We develop and estimate a dynamic life cycle model to study optimal retirement and tax policy when individuals face health shocks and income risk and make endogenous retirement decisions. The model incorporates key features of Social Security, Medicare, income taxation, and savings incentives and distinguishes three channels through which health affects retirement: nonconvexities in labor supply due to...

June 6, 2025
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May 2025
30May

The Early Retirement Gap: Does Job Satisfaction Matter Less for the Self-Employed?

By Raquel Justo, Adrian Merida & Juan A. Sanchis-Llopis Understanding the drivers of early retirement is increasingly important in the context of aging populations and growing concerns over pension sustainability. While extensive research has examined the retirement behavior of paid employees, the self-employed, who operate under distinct work arrangements and institutional contexts, remain comparatively understudied. This work examines whether job satisfaction influences actual retirement behavior differently for self-employed individuals and paid employees. Leveraging longitudinal data from the Survey of Health, Ageing...

May 30, 2025
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27May

Should people keep working until later in life?

Working until later in life can help build up a pension, but some people are counting the days until retirement. Data seems to suggest that a 70-year-old in 2022 had the same cognitive function as a 53-year-old back in 2000. It also pointed to improved physical health as a reason why fit and healthy people should be encouraged to work into their 70s. This would go some way towards addressing the ratio of working people to retirees, which has become increasingly...

May 27, 2025
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23May

Denmark. Denmark to raise retirement age to highest in Europe

Denmark is set to have the highest retirement age in Europe after its parliament adopted a law raising it to 70 by 2040. Since 2006, Denmark has tied the official retirement age to life expectancy and has revised it every five years. It is currently 67 but will rise to 68 in 2030 and to 69 in 2035. The retirement age at 70 will apply to all people born after 31 December 1970. The new law passed on Thursday with 81 votes...

May 23, 2025
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20May

Jamaica. Senate Passes Legislation to Grant Certain Public Officers Option of Retiring Before Age 65

The Senate has passed legislation granting public officers born between August 1, 1961 and February 28, 1963, the option of retiring before reaching age 65 while still receiving full benefits. Minister of Education, Skills, Youth and Information, Senator Dr. the Hon. Dana Morris Dixon, piloted the Pensions (Public Service) (Amendment and Validation) Act 2025 through the Upper House on Friday (May 16). The Bill seeks to validate and confirm, as lawful, all the actions and omissions made by any person in...

May 20, 2025
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April 2025
25Apr

Varying effects of public pensions: Pension spending and old-age employment under different pension regimes

By Kun Lee Socioeconomic consequences of pension reforms have often been discussed without careful consideration of institutional contexts, despite the fact that institutional designs of public pensions differ substantially across countries. This study argues that the outcomes of pension reforms vary depending on the institutional structure of public pensions, by showing that the associations between public pension spending and old-age employment rates of different socio-demographic groups vary across different institutional contexts. Using time-series cross-section data from 20 European countries and...

April 25, 2025
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21Apr

Survey reveals thoughts on Americans’ ideal retirement age

When is the best time to retire? It depends on who is answering the question, but that answer gives food for thought for senior housing developers and providers creating and renovating spaces for older adults. In recently published results of a survey of Americans, the answer, on average, was 61.8 years — more than five years before a current 61.8-year-old would be able to collect full Social Security and more than three years before that person would be eligible for...

April 21, 2025
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