Only fools rush in? On transition to retirement
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| Year of publication | 2008 |
| Type | Chapter of a book |
| MU Faculty or unit | |
| Citation | |
| Description | In ageing European societies the age of retirement and the age of exit from labour market had become an important issue. This paper is dealing with the perspective people aged 45 to 64 years have on the timing of their retirement. We examine the question of the preferred and expected age of retirement and introduce the concept of desire to retire early. Using the results of PPA survey the paper uncovers the paradox of early retirement. Our respondents know that their societies are ageing and their own lives are going to be longer, resulting in higher proportion of old age pensioners. Today s old age pension systems in many cases have quite substantial impact on living standard, compared to the standard of workers. Yet, despite these facts, our respondents indicate considerable desire to retire early, regardless of their country of residence, gender and other factors. This desire to retire early does not seem to have strong influence on the support of various policy measures. |
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