Tag: aging workers
Abstract Increasing life expectancy has made working longer both more necessary and more possible, but the relationship between an individual’s survival expectations and his planned retirement age is unclear in the existing literature. This study uses the Health and Retirement Study and an instrumental variables (IV) approach to examine how subjective life expectancy influences planned…
Introduction Working longer is one way to improve the retirement security of today’s older workers. It increases retirement resources while shrinking the period over which these resources will be needed. Working longer would also contribute to economic growth, allowing the nation to benefit from the knowledge and skills of older Americans. And it could potentially…
