2/18/2015 – Has the trend toward later retirements played out? (MarketWatch)

Since working longer is the key to a secure retirement for the vast majority of older Americans, it is useful to take a look at recent labor force trends. From the beginning of the 20th century, labor force participation of older men had declined steadily until the mid-1980s, when it gradually began to increase. As a result, for men the average retirement age—the age at which the labor force participation rate drops below 50%—has slowly increased from a low of 62 in 1985 to about 64 in 2008, where it has since held steady.

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