"The Effects of Retirement on Physical and Mental Health Outcomes" by Dhaval Dave, Inas Rashad and Jasmina Spasojevic. National Bureau of Economic Research Working Paper No. 12123. A team of economists finds that Americans age 50 to 75 who retire suffer a 23 to 29 percent increase in difficulties associated with mobility and daily activities, an 8 percent increase in illness, and an 11 percent decline in mental health compared with their counterparts who don't stop working.
Hammermesh and Slemrod, the second link above, want to tax prosperous people into retirement to discourage Workaholism.
Edward Hudgins of the Objectivist Center has some strong words for the latter:
With dark humor the authors give their study -- a manifestation of all that's wrong with academia -- the subtitle, "We Should Not Have Worked on This Paper." Damned right you shouldn't have!
Rumors of workaholism on my part are greatly exaggerated.
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