The Extent and Correlates of Partial Retirement

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Abstract
The extent of partial retirement was examined among older self-employed and wage and salary workers. It was found to be much more prevalent among the self-employed, who have more discretion than others over their labor supply. Retirement status (completely, partly or not retired) was correlated with health, age, Social Security and pension eligibility and wealth. It is hypothesized that more wage and salary workers might choose a transitional period of partial retirement if more part-time employment opportunities were available.

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