variables including wealth, the timing of retirement, investments in health, and decisions about end-of-life care …

Cross-national comparisons of data from developed countries offer useful insights into the retirement process and … Aging and Retirement (JSTAR) project, and we compare these with results in the U.S. Health and Retirement Study (HRS). We … examine the relative importance of health, wealth, family, and other factors in work and retirement at older ages cross …

of sensitivity to framing in investment decisions. Policymakers interested in enhancing retirement well-being would do …

derive the optimal retirement portfolio from a menu that includes payout annuities as well as an investment allocation and a … allocation, when fixed as of retirement, is then compared to phased withdrawal strategies such a "self-annuitization" plan or the …

. One way older persons might respond to inadequate savings would be to extend their worklives by delaying retirement. This … paper examines evidence on this matter using the Health and Retirement Study, a nationally representative panel survey of … people age 51-61 in 1992 followed for several years in a panel. We use the data to project household retirement assets and to …

consumer who can select her hours of work and also her retirement age. Using a realistically-calibrated model with stochastic … work effort by the young; and markedly enhances lifetime welfare. Also, introducing annuities leads to earlier retirement … older ages as well as sensible retirement age patterns …

receive a lump sum as a payment for delayed retirement rather than as an addition to their lifetime Social Security benefits … lump sum, and we also examine the consequences of such tradeoffs for work, retirement, and life cycle wellbeing. Our base … case indicates that workers given the chance to receive their delayed retirement credit as a lump sum payment would boost …