The Definition Of Retirement

Free Exchange reanimates the retirement age debate:

Keeping people in the labour force longer may mean rethinking whatretirement means. Rather than a discrete and sudden exit retirement maybecome more gradual. Phasing people out—perhaps by offering the optionof part-time work in the years leading up to retirement, may makesense. That may be easier on people who work well into old-age, as itputs them under less physical strain and it eases the mental transitioninto retirement. More part-time...