Work and Retirement Plans among Older Americans
K Abraham and S N Houseman ,
Re-inventing the Retirement Paradigm, ed. by Clark, R and Mitchell, O, chap. 5, pp. 70-91, Oxford University Press, New York and Oxford.

We compare older workers' plans for work and retirement with their subsequent work and retirement outcomes using panel data from the Health and Retirement Study. Among those with retirement plans, about half indicate they would like to cut back on their work hours or otherwise change the type of work they do prior to, or instead of, fully retiring. Yet, the fraction that follows through on these alternative plans is dramatically lower than the fraction that realizes plans to stop working.

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