Archive: Natalia A. Zhivan
Abstract Achieving long-run Social Security solvency requires addressing rising life expectancy. Increasing the Full Retirement Age (FRA), while holding the Early Entitlement Age (EEA) fixed, could be effective but eventually will result in replacement rates that are viewed by many as too low. A possible policy to prop up replacement rates is to raise t…
The brief’s key findings are: Retirees in good health face higher lifetime health care costs than those in poor health. A typical healthy couple at age 65 can expect to spend $260,000 with a 5-percent risk of exceeding $570,000. A typical unhealthy couple can expect to spend $220,000 with a 5-percent risk of exceeding $465,000…
