Tag: full retirement age

Mature Chinese man using laptop at home

Abstract This study explored the ways in which race, gender, and age moderated the effects of several determinants of labor force participation among people ages 60 to 80. The role of race, gender, and age in moderating the effect of various factors on labor force participation was examined using the 1998 Health and Retirement Study…

Senior man working at laptop at home

Abstract This paper assesses whether the accumulated retirement wealth of pre-retirees will be adequate to cover needs during retirement, and how variation in age of eligibility for Social Security benefits affects adequacy. Data from the 1998 Survey of Consumer Finances are analyzed to assess the adequacy and composition of retirement wealth of U.S. households, and…