Tag: early claiming
Surprisingly, health had no effect, but rising 401(k) balances and expanded unemployment benefits were really important. While the contours of the Great Recession and the COVID Recession differed sharply, older workers continued to retire and claim Social Security. The question that my co-authors, Anqi Chen and Siyan Liu, and I explored in a recent study is the relative impacts of…
The brief’s key findings are: In early 2020, many thought the COVID crisis – like the Great Recession – might force many workers to claim Social Security early. But the COVID economy turned out very different, with robust growth in the stock market and substantial unemployment relief. The analysis compared the relative impacts of t…
