Could there be unintended consequences to putting off retirement?


Richard Larson had to confront himself. He spoke of a moment when he literally looked into the mirror — “that’s it,” he thought. It was time to read what he wrote.

In 2012, Larson, then a tenured professor at the Massachusetts Institute of Technology (MIT), had co-authored a paper on the effect of the elimination of mandatory retirement age policies on the amount of slots available to new faculty members at the university. It found that the annual inflow of openings for new professors had been reduced by 19%.

It was after the paper’s publication that Larson, now Mitsui Professor of Data, Systems and Society at MIT in a post-tenure role, began to wonder what the implications were for the careers of his colleagues,…


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Credit to Ryan Golden for the original post.

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