The relationship between retirement life cycle changes and older men's labor force participation rates

J Gerontol. 1994 Sep;49(5):S219-30. doi: 10.1093/geronj/49.5.s219.

Abstract

This study probes the utility of older men's labor force participation rates (LFPRs) as indicators of the work-to-retirement transition. Specific attention is directed at how shifts in the retirement life cycle are related to LFPRs. Based on Current Population Survey data for the 1970s, a life table modeling approach showed that LFPRs are relatively weak indicators of the work-to-retirement transition. This was demonstrated by the relative stability in older men's age profiles of LFPRs despite significant changes in the timing and "organization" of the work-to-retirement transition. The 1970s evidenced a contraction of the main career and the expansion of both post-retirement work activity and retirement, yet none of these changes substantially altered the age profiles of older men's labor force participation rates.

Publication types

  • Research Support, U.S. Gov't, P.H.S.

MeSH terms

  • Aged
  • Humans
  • Life Change Events*
  • Life Expectancy
  • Life Tables
  • Men / psychology*
  • Middle Aged
  • Retirement*
  • United States
  • Work / statistics & numerical data*