Posted by littlexsparkee 18 hours ago
My dad firmly believes in the "when people quit work they decline" theory. Which may be fair, but he's not in great health and still charging hard. Definitely think you can overdo that & end up working till you drop
As other commenters have noted folk in some places don't have anything but work. That is a global social issue that needs addressing first.
For example, it seems logical to me that people with worse health and failing mental faculties will already be feeling more motivation to retire earlier, as opposed to very healthy people who will keep on working forever. That would be pure correlation
https://www.nber.org/system/files/working_papers/w35117/w351...
https://en.wikipedia.org/wiki/Instrumental_variable
Not perfect, but less vulnerable to the correlation issue you mentioned.