I've long said that these old-ass people came into the workforce with their parents retiring at 55, so had plenty of room to move up, and then are staying until they are 70 because they didn't save any money.
This mild-ass pandemic that came for the ill, the obese, and the elderly got them to GTFO of the way, and it looks like we can now make the money at 40 that they were making at 30.
On the other side, NPR is saying, “This retirement could be bad for the economy,” and by the economy, they mean giant businesses that are now their sponsors Why millions of older Americans are retiring early in the wake of the pandemic – YouTube
In fact, they call it “retiring early.”