Tag: Health and Retirement Study (HRS)
![person's hand putting coin into piggy bank next to decreasing sized coin stacks](https://crr.bc.edu/wp-content/uploads/2023/11/persons-hand-putting-coin-into-piggy-bank-next-to-decreasing-sized-coin-stacks.png)
A longstanding puzzle in the economics of insurance, household finance, and public policy is why so few individuals annuitize their wealth. This paper describes results from a recent survey of people with investable assets over $100,000 that included a randomized control trial module eliciting individuals’ valuations for a simple immediate annuity, as well as whether…
![African woman showing her dish](https://crr.bc.edu/wp-content/uploads/2022/11/older_workers_3-1536x1024.jpg)
Abstract Working consistently through one’s fifties and early sixties is key to attaining retirement security. However, workers also need access to retirement plans – so they can continue to accumulate resources – and health insurance – so they can avoid withdrawing assets in the event of a health shock. Workers without access to these benefits…