incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …

Do individuals make rational, well-planned retirement age decisions? Evidence is not conclusive; some decisions seem to …. The process an individual uses to make a retirement decision may be influenced by a rational allocation of money, time … strongly influenced by an anchor, defined by the retirement ages chosen by friends, neighbors, relatives, and colleagues, as …

: while it may be more efficient to have highly productive individuals work more and retire older, earlier retirement may be …, efficient retirement ages must increase in productivity. We also show that this pattern is implemented by pension benefits that … not only depend on the age of retirement, but are designed to be actuarially unfair. Second, in a version of environment …

incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …

In 2007 Germany has introduced a pension reform which increases the normal retirement age from currently age 65 to 67 … effective retirement age by about one year and redistribute towards future cohorts. However, it hardly reduces old-age poverty … since rich people are more flexible in adjusting retirement. Overall, the efficiency gains of the reform are very modest …

In the policy debate, there are regular demands to further increase the retirement age to address the financial … dorsopathies). The results show that increasing the retirement age further should be accompanied by preventive health and education …