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Using Data from the Health and Retirement study, Maestas (2007) found that 55 percent of older workers (born between 1931and 1941) had accurate expectations about post-retirement work [i.e., expected to work and did work after retirement], compared to 37 percent who expected to work but did not and 8 percent who did not expect to work but did. (Table 3)
Maestas, Nicole. (2007, April). Back to work: Expectations and realizations of work after retirement. Rand Working Paper WR-196-2. Retrieved July 5, 2007 from http://www.rand.org/pubs/working_papers/2007/RAND_WR196-2.pdf
"This paper analyzes a puzzling aspect of retirement behavior known as "unretirement," in which retirees appear to reverse their retirement decisions and return to work." Data from the Health and Retirement Survey was used to track and date respondents’ transitions in and out of the labor force over time. The analysis sample of 7000 obervations was composed of members of the initial HRS cohort, who were first interviewed in 1992 when they were between the ages of 51 and 61, and their spouses. Respondents are re-interviewed every two years; therefore thefirst six waves yield data over the period 1992 through 2002.
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140 Commonwealth Avenue - McGuinn, 6th Floor - Chestnut Hill, MA 02467
Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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