Retirement Expectations and Labour Force Transitions: The Experience of the Baby Boomer Generation

Abstract

This paper examines the retirement intentions and labour force participation patterns of Australian baby boomers. It has two main specific objectives. First, to describe the retirement intentions of baby boomers: how many are already in a transition job; how many intend to retire gradually; and how long they intend to spend in this transition phase. Second, to identify the main patterns of labour force participation of baby boomers over the seven year period spanning 2000 to 2006, and the main factors that influence the most common patterns of labour supply observed over this period.