Yes...although I’m not entirely sure that it’s a bad thing - retirement can be hell for some people.
Retirement used to be a different game altogether. It didn’t mean so much an end of work as it mean an end of work for other people. Families used to stick together with “retired” elders taking on a lot of the light duty.
Yesterday my grandmother was telling me that the grandparents on The Waltons was actually a petty fair representation of the way retirement used to be. In fact when my great great grandfather retired in the 1930s, his daughter and her family lived with him and my great great grandmother on the farm and the son in law took over running the farm.