Exactly

A quarter of Americans who retire early do so for this frightening reason

At some point during your career, you may start to map out a personal retirement plan. It will likely include details such as how much savings you'd like to amass, what sort of lifestyle you'd like to lead in retirement, and the age at which you'll retire.
But as they say, sometimes the best-laid plans can go awry, and that's precisely what's happened to a large number of seniors who left the workforce at a younger age than anticipated. In a recent Nationwide survey, 26% of seniors who retired sooner than planned did so because they lost their jobs.
That underscores the importance of saving for retirement from an early age rather than waiting until later in life to start ramping up your IRA or 401(k) contributions. You never know when your career might come to an end, and if you rely too heavily on being able to save in your late 50s or early-to-mid 60s, you'll risk coming up short financially.

And this does not show up on unemployment stats. But it shows up on employee population which is down from its peak and tracks the ratio from 1985, two years after the social security adjustment.

It seems the system was gamed a bit, older employees have the option of getting their checks early and avoid another generational meetup, which is coming soon.  Chart:

During the recession I expect this to drop to 1965 levels.

Some of this is tax liability, who wants to pay for all the Trump crappola?