"A working paper published by the National Bureau of Economic Research found that among American 51-to-75-year-olds, leaving employment led to cognitive decline, while consistent employment caused greater sustained cognition."
"The researchers used data from 40,000 participants from the University of Michigan's Health and Retirement Study (HRS), a longitudinal study that measures, among other variables, cognitive ability over time."
"The results of the study are clear to David Neumark, a UC Irvine professor of economics and study co-author: There's an urgent reason to keep Gen X in the workforce."
Gen X workers are retiring earlier than the traditional age of 65, with about half choosing to stop working. This trend poses financial risks, as many lack pensions and rely on Social Security, which offers limited benefits. Research indicates that early retirement is linked to cognitive decline, with a study showing that consistent employment helps maintain cognitive function. The findings emphasize the importance of keeping Gen X in the workforce to mitigate these risks.
Read at Fortune
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