Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular … Bayesian Model Ensemble of heterogeneous stochastic mortality models comprised of parametric models, principal component … process, model, and parameter risks. The results show that: (i) retirement ages are forecasted to increase substantially in …

Recent research has demonstrated that retirement planning and well-being are closely tied to probabilistic forecasts … about future events. Using longitudinal data from the Health and Retirement Study, I show that individuals' subjective … increases in yearly mortality rates with age, both longitudinally and in cross-section. Additionally, successive cohorts of the …