An enhanced version of a structural model jointly explains benefit claiming, wealth and retirement, including reversals … Retirement Study data, it does a better job of predicting claiming than previous versions. Alternative beliefs about the future … entitlement age, increasing the full retirement age, and eliminating the payroll tax for seniors. Predicted responses to …

An enhanced version of a structural model jointly explains benefit claiming, wealth and retirement, including reversals … Retirement Study data, it does a better job of predicting claiming than previous versions. Alternative beliefs about the future … entitlement age, increasing the full retirement age, and eliminating the payroll tax for seniors. Predicted responses to …

This paper specifies three behavioral variants of a structural model of retirement and saving to bring predicted Social … Security claiming rates closer to the rates observed in the data. The model, estimated with Health and Retirement Study data …, is used to examine three potential policies: increasing early entitlement age, increasing normal retirement age, and …

How households draw down their balances in personal retirement accounts (PRAs) such as 401(k) plans and IRAs can have … an important effect on retirement income security and on federal income tax revenues. This paper examines the withdrawal … behavior of retirement-age households in the SIPP and finds a modest rate of withdrawals prior to the age of 70½, the age at …

This study explored the impact of demographic factors on individuals' investment choice decisions in retirement savings … accumulating adequate saving for retirement …

How households draw down the balances that they accumulate in retirement saving accounts such as 401(k) plans and … Individual Retirement Accounts can have an important effect on the contribution of these accounts to retirement income security …

How households draw down their balances in personal retirement accounts (PRAs) such as 401(k) plans and IRAs can have … an important effect on retirement income security and on federal income tax revenues. This paper examines the withdrawal … behavior of retirement-age households in the SIPP and finds a modest rate of withdrawals prior to the age of 701⁄2, the age at …