As life expectancy increases, a larger proportion of older workers may desire to postpone full retirement by continuing to work either at their career jobs or by shifting to bridge jobs. This paper examines reasons why employers might adopt policies to facilitate the extension of work life or...

Once retired from a career job, individuals must live off savings, Social Security, and pensions or earnings from post-retirement work. Those who have made adequate plans for retirement are more likely to be able to meet their desired levels of consumption once retired and are less likely to end...

Populations throughout the developed world are aging in response to low fertility rates and increases in longevity. Delaying retirement becomes increasingly important to individuals as they must confront the need to finance more years in retirement while governments are concerned about the cost...

Social Security benefits are currently provided as a lifelong benefit stream, though some workers would be willing to trade a portion of their annuity streams in exchange for a lump sum amount. This paper explores whether allowing people to receive a lump sum as a payment for delayed retirement...