Tag: Early retirement
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…
Abstract In early 2020, the COVID Recession seemed like it would result in an increase in early Social Security claiming, similar to the Great Recession. However, pretty quickly the COVID Recession turned out to be quite different. It was spurred by a health crisis, potentially increasing the likelihood of early claiming among older workers and…
