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The retirement expectations of middle-aged individuals
Abstract
We use HILDA data to examine the retirement plans of middle-agedAustralians. We find that approximately two-thirds of men and more thanhalf of women report a numeric expected retirement age which we referto as having a standard retirement plan. Still, one in five individuals seemto have delayed their retirement planning and approximately 1 in 11either does not know when he or she expects to retire or expects to neverretire. Retirement plans are closely related to current labour marketposition, with workers in jobs with well-defined superannuation benefitsmore likely to report numeric expected retirement age
Citation
Cobb-Clark, Deborah and Steven Stillman. 2009. "The Retirement Expectations of Middle-Aged Individuals," Economic Record Vol. 85, No. 269, June, pp 146-163.
Motu code: MEL0461
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