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Back to Work: Expectations and Realizations of Work after Retirement

Open access
Maestas, Nicole·2010·Journal of Human Resources

Abstract

This paper analyzes a puzzling aspect of retirement behavior known as "unretirement." Nearly 50 percent of retirees follow a nontraditional retirement path that involves partial retirement or unretirement, and at least 26 percent of retirees later unretire. I explore two possible explanations: 1) unretirement transitions result from failures in planning or financial shocks; and 2) unretirement transitions are anticipated prior to retirement, reflecting a more complex retirement process. I show that unretirement was anticipated for the vast majority of those returning to work, and is not a result of financial shocks, poor planning or low wealth accumulation.

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Metadata

Authors
Maestas, N.
Venue
Journal of Human Resources
Published
2010
Volume
45
Issue
3
Pages
718-748
ISSN
  • 0022-166X (ISSN-L)
  • 1548-8004
OpenAlex
W2110876647
Cited by
387
References
0
FWCI
61.73
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Back to Work: Expectations and Realizations of Work after Retirement. https://app.cochat.ai/papers/10.1353/jhr.2010.0011
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Maestas, N. (2010). Back to Work: Expectations and Realizations of Work after Retirement. Journal of Human Resources. https://doi.org/10.1353/jhr.2010.0011

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.