You may or may not be right on that. Guys who have hit 30 years may pull the plug anyway. The last 12 months have sucked for stocks, but between pension and SS they have a pretty solid income floor. Granted, it’s worth close to $13,000/yr less than last year. I think the folks who want to go prior to 65 still will and the guys who were always going to go until 65 will adopt the stock market as a convenient excuse.