Originally Posted by
RockyBoy
I think everyone knew guys would stay past 60. The big question is what would they do at 62.5 which is when if makes sense to bail out with regards to retirement accounts, Medicare, etc. I think we will see alot more guys start leaving between 62.5 and 65. If the market would rebound a little more that number would go even higher....I think that is what is keeping guys around. Nobody want's to leave when all their investments are still down.
If guys were going to start punching out at 62.5, it would have started happening in June of this year. Granted, we may be having a bit of a "hangover" from the PRIP - and I don't know how many folks are retiring at other properties. Will be interesting to see how it plays out going forward. I'll agree with the person that said just assume, for peace of mind, everyone will choose to punch out at 65. Its only 25 months away, anyway.
As far as staffing goes, they may want to get themselves into a slightly overstaffed situation in the next few years - just because once the wave starts, its going to be hard to stay ahead of. Might be a good idea to have a head start for when things really get rockin' in a few years.