Tag: negative health shocks
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…
Abstract We study the household portfolios of the elderly using data from the Health and Retirement Study. In particular, we investigate the influence of aging and health shocks on both a household’s ownership of various assets and the dollar value and share of total assets held in each asset class. We find that households decreas…
