Leslie Will Never Retire

The Newports have decided to sell a large parcel of land and Leslie believes this is the opportunity of a lifetime where she can make a name for herself. She briefly considers the option of retiring, but then explains that she wants to work until she is a hundred and then cut back to 4 days a week. This is a fun clip to illustrate labor force participation decisions and different preferences.

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Leslie’s Preference for Work

Leslie is ready to get to work, but Ann is confused on whether Leslie ever takes a break from work to enjoy things. Leslie’s preference for work is so high that she does derive utility from working.

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