Swiss society is ageing. At the same time, life expectancy is increasing. With most workers retiring around age 65, time in retirement is growing and the ratio of retirees to employees is set to soar. These developments bring a range of opportunities but will likely weigh on growth in GDP per capita and increase public spending. They may also…

Concentrating on the trend toward early retirement in the United States and the factors responsible for it, this study draws comparisons between the work and leisure pattern in the United States, with its growing tendency toward retirement below age 65, and the patterns of certain western European nations (principally the United Kingdom, West…