What was the average retirement age projected to be by the year 2000?

The average retirement age projected to be by the year 2000 was 67. This figure reflects a broader trend and changes in demographics, workforce participation, and shifts in pension and retirement systems. The average retirement age has been gradually increasing due to several factors, including longer life expectancy, economic shifts that encourage individuals to remain in the workforce longer, and changes in social security systems that have adjusted benefits based on the age of retirement.

The trend towards delaying retirement age has been influenced by the need for financial stability and the desire to maintain an active lifestyle among retirees. Therefore, the correct choice aligns with projections that anticipate a significant portion of the population continuing to work and delaying retirement, contributing to an average age of 67, rather than 60, 62, or 65, which were lower estimates that do not account for these societal shifts. This understanding of retirement patterns is crucial for evaluating workforce trends and developing policies that support older employees.