Tag: Familial shocks
More than a third of older workers retire earlier than planned: the question is why? My colleagues and I attempted to answer that question in a recent study. The analysis uses data from the longitudinal Health and Retirement Study, collected between 1992 and 2012. The sample consists of all individuals who were working at t…
The brief’s key findings are: More than a third of older workers retire earlier than planned: the question is why? This study looks at: 1) the impact of unexpected changes in health, employment, family, and finances on early retirement; and 2) the prevalence of these shocks. The findings suggest that: Health shocks play the largest…
