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date: 18 September 2019

Abstract and Keywords

Research on the characteristics of late-career faculty and their relationship to the decision to retire and the transition into retirement is summarized. Several consistent themes emerge across the reviewed studies. Although senior faculty remain vital and productive into their late-career years, the majority still anticipate retiring in their mid 60s, even though there is no longer a mandatory retirement age. The decision to retire varies across individuals. Financial issues, feelings of readiness, and a desire to find a better life balance by achieving more control over their time and scheduling commonly influence the retirement decision. Postretirement experiences are positive for the majority. Emeriti faculty often indicate a strong interest in remaining professionally active, traveling, engaging in existing or new activities or hobbies, and increasing family time. Based on the research, the chapter concludes with some recommendations for pre- and postretirement preparation and transitions.

Keywords: retirement, senior faculty, faculty career transitions, emeriti faculty

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