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Few people in Germany work until they reach the standard retirement age of 65 years. The average retirement age in 2012 was 64 years (2011: 63.5 years): Many older employees cannot or do not want to work until they are 65 or older. In times of a skilled worker deficit, the German economy cannot afford to let experienced personnel go. But before thinking about age-appropriate measures-e.g. further education-to keep older employees on the job longer, it is important to ask which factors influence the decision of older employees between 50 and 65 years of age to retire early. This article is based on the representative 2012 BIBB/BAuA Workers' Survey and shows the factors that influence the decision of older employees between 50 and 65 years of age to seek early retirement.