Tag: Health and Retirement Survey (HRS)
![June,1,,2019,,Brazil.,In,This,Photo,Illustration,The,Social](https://crr.bc.edu/wp-content/uploads/2022/11/social_security_7-1536x1024.jpg)
Abstract In 1995, the Social Security Administration started sending out the annual Social Security Statement. It contains information about the worker’s estimated benefits at the ages 62, 65, and 70. I use this unique natural experiment to analyze the retirement and claiming decision-making. First, I find that, despite the previous availability of information, the Statement…