More than half of adults in the United States retire earlier than they planned due to:

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Retirement refers to permanently leaving the workforce, usually after midlife. Many older adults, when given the choice, choose to transition into retirement gradually, rather than abruptly. The average length of retirement is 17.2 years for men and 20.6 years for women (Organization for Economic Cooperation and Development, 2017). More than half of U.S. adults retire earlier than planned, often due to health problems, disability, unexpected job loss, or the need to provide care for a family member. This indicates a need for retirement-planning education that includes an occupational engagement focus. An analysis of research studies on 11 retirement programs indicates that such programs result in positive impacts on knowledge, attitudes, and planning activities; 2 of the 11 studies were based on the Transtheoretical Model (Leandro-França, Murta, Hershey, & Martins, 2016). While the programs involved in the study do not appear to include an occupational science perspective, it is believed that including an occupation-based theoretical model for program design, and occupational participation as part of the program curriculum, would further enhance outcomes.

More Than Half of Adults in the United States Retire