Working Longer Solves (Almost) Everything

Author:

Driver Tim,Henshon Amanda

Abstract

Abstract Research on making it easier for people to work longer has tended to focus on economic security. This chapter links working longer to health and longevity. Purely age-based retirement policies have led to complications and unintended consequences including insufficient retirement resources, possible depletion of social security, and flawed perceptions of older workers. By working longer, older adults are better able to support themselves, remain healthier, and live longer. New data show that, when employed, older adults are as much as four times more socially engaged, offsetting deepening concerns worldwide about the adverse effects of loneliness, particularly on older populations. The very definition of retirement should be reconsidered in light of increasing data suggesting that traditional retirement can be detrimental to financial, mental, and physical health.

Publisher

Oxford University PressOxford

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1. Introduction: New Models for Managing Longevity Risk;New Models for Managing Longevity Risk;2022-02-04

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