Money isn’t everything—at least for older workers

In 2015, Nicole Maestas, Kathleen J. Mullen, David Powell, Jeffrey Wenger, and Till von Wachtner fielded two surveys. One asked respondents about their working conditions; the second asked about their preferences for certain job characteristics. The nine working conditions were…

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Understanding Job Transitions and Retirement Expectations Using Stated Preferences for Job Characteristics

As the population ages in the United States and other countries, encouraging older individuals to work would help counter increasing dependency ratios and improve national economic outcomes. Extending working lives is likely not simply a function of improving monetary incentives.…

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Laboring longer: Second careers, unretirement, and bridge jobs keep older Americans at work

As the U.S. population ages, often in better health than our parents and grandparents, the notion of retirement is starting to evolve, and retirement paths have become as variable as ice cream flavors: One person may partake of the traditional…

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Characteristics of Second-career Occupations: A Review and Synthesis

This study is a literature review of research related to the characteristics of second careers undertaken after mid-life. There is a significant lack of literature directly on this topic, so we draw substantially from the literatures about retirement, bridge jobs,…

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Characteristics of Second-career Occupations: A Review and Synthesis

This study is a literature review of research related to the characteristics of second careers undertaken after mid-life. There is a significant lack of literature directly on this topic, so we draw substantially from the literatures about retirement, bridge jobs,…

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The Impact of Health Insurance Availability on Retirement Decision Reversals

This paper uses the longitudinal aspect of the Health and Retirement Survey to explore the characteristics associated with reversals in retirement (referred to here as “unretirement”).  Through the use of survival time analysis, this paper show that health insurance plays…

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Back to Work: Expectations and Realizations of Work After Retirement

This paper analyzes labor force re-entry after retirement in an effort to understand whether these “unretirement” transitions are largely unexpected (perhaps resulting from failures in planning or unexpected financial shocks) or planned (perhaps representing a more complex retirement process). Nearly…

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