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The evolving concept of “retirement”: Looking forward to the year 2050
Author(s) -
Schulz James H.
Publication year - 2002
Publication title -
international social security review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.349
H-Index - 28
eISSN - 1468-246X
pISSN - 0020-871X
DOI - 10.1111/1468-246x.00116
Subject(s) - retraining , work (physics) , workforce , altruism (biology) , stewardship (theology) , retirement age , citizenship , creativity , faith , flexibility (engineering) , labour economics , economic shortage , mandatory retirement , economics , economic growth , political science , psychology , management , social psychology , government (linguistics) , finance , law , mechanical engineering , philosophy , linguistics , theology , pension , politics , engineering
Economic growth, more than demography, will determine the nature of future retirement. With growth has come a steady increase in retirement years. Now, however, there is increasing interest in “rolling back” these gains. Alternatively, some scholars propose a different framework for evaluating “work” late in life — one that includes altruism, citizenship, stewardship, creativity, and the search for faith. Attitudes toward retirement in the future are likely to move sharply away from the simplistic view of all work before retirement and no work after. Some of the resulting changes we can expect to see are more part‐time work, expanded “citizen participation,” and an older workforce with more training and retraining.