Showing 1 - 10 of 21
Economist and public policy analysts have devoted considerable research to examining the work and retirement decisions … delay retirement and remain on the job until older ages. In this study, we report findings from three employer surveys with … phased retirement policies but are more willing to offer part-time employment, return to work, and other policies on a case …
Persistent link: https://www.econbiz.de/10012479525
's affordable, sustainable standard of living in retirement. Both stylized households and actual households from the Health and … Retirement Study are examined. We assume that workers commence Social Security benefits when they retire. The basic result is … that delaying retirement by 3-6 months has the same impact on the retirement standard of living as saving an additional one …
Persistent link: https://www.econbiz.de/10012453487
Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due … to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship … between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While …
Persistent link: https://www.econbiz.de/10012462444
We examine the role of self-employment in retirement transitions using a panel of administrative tax data. We find that … the hazard of self-employment increases at popular retirement ages associated with Social Security eligibility …, particularly for those with greater retirement wealth. Late-career transitions to self-employment are associated with a larger drop …
Persistent link: https://www.econbiz.de/10012455131
, or an increase in the full retirement age. This uncertainty about what will happen in the future causes young and middle …-aged cohorts who are saving for retirement to make mistakes that could be avoided if the government decided earlier what will …
Persistent link: https://www.econbiz.de/10012533399
the "market risk" in a personal accounts retirement scheme. In this paper, we carry out a detailed quantitative analysis …
Persistent link: https://www.econbiz.de/10012466520
We examine optimal retirement saving for young adults in a life cycle model. We find that for liquidity …-constrained young adults who anticipate significant earnings growth, optimal retirement saving is zero. Specifically, we find that with … a plausible wage profile for college-educated workers, retirement saving does not begin until the late 30s or early 40s …
Persistent link: https://www.econbiz.de/10012482614
Implicit taxes in Social Security, which measure Social Security contributions net of benefits accrued as a percentage of earnings, tend to increase over the life cycle. In this paper, we examine the effects of three potential policy changes on implicit Social Security tax rates: extending the...
Persistent link: https://www.econbiz.de/10012465544
This paper compares the well-being of the Retirement History Survey of the elderly with their own previous levels of … Security income in retirement is a safer source ofincome than earnings earlier in life. The fully adjusted total income … measures are at least as high for almost all classes of households in the survey as their career average pre-retirement …
Persistent link: https://www.econbiz.de/10012477730
retirement. We begin by reviewing the concept of r star - the long-term real, safe interest rate that is neither expansionary nor …
Persistent link: https://www.econbiz.de/10012479510