Tag: death
Social Security is the nation’s largest social insurance program and the backbone of the U.S. retirement income system. When Franklin D. Roosevelt proposed the program in 1934, he emphasized the insurance aspect, presenting it as a safeguard against the “hazards and vicissitudes of life.” And those hazards can start early. Many young peo…
Abstract This paper uses data from the Health and Retirement Study (HRS) to explore the extent and causes of widening differences in life expectancy by socioeconomic status (SES) for older persons. We construct alternative measures of SES using educational attainment and average (career) earnings in the prime working ages of 41-50. We also use information…
