Average retirement ages in the United States keep falling. Something like 80% of Social Security recipients opt to take the reduced benefits available at age 62 rather than working to 65 and getting full benefits. In fact, many people are using private pensions and savings to retire long before they reach "normal" retirement age. Retirement at 55 is commonplace these days and even 50 is not unheard-of.
When you think about it, there are several trends that should lead to retirement at older and older ages:
1. Fewer younger workers in the "pipeline" to replace those who retire.
2. Increased years of schooling, which means less time in the workplace.
3. Longer lifespans.
4. People remaining healthy for longer, therefore capable of work.
5. Fewer and fewer physically strenuous jobs (<10% in the United States).
Yet, in face of all this, an increasing number of people are retiring when barely into middle age. What gives?
"Let me think about it" = the coward's way of saying "no"