USC Schaeffer Institute's Dana Goldman, PhD., discusses new research on aging, work, and public policy — and why updating retirement rules matters now. Key topics covered: Why rising life expectancy demands policy updates to Social Security and retirement ages. How gradually delaying retirement can prevent big benefit cuts and improve fiscal solvency. The economic impact: delaying retirement by about one year per cohort could add roughly $1 trillion to the economy (~2–3% of GDP). Health and social benefits of continued work: many older workers experience better physical and mental health, social connections, and a sense of purpose. The importance of flexible work arrangements: partial work, role transitions, and workplace accommodations for older employees. Value of age-diverse teams: combining experience and youth boosts productivity and knowledge transfer. AI and the labor market: why older workers’ tacit knowledge and long-term perspective remain valuable even as AI reshapes jobs. Policy takeaways for lawmakers: gradual changes to retirement policies and supports for flexible work can benefit individuals and society.