Tag: retirement
Social Security was originally intended for retirement. Many older people, however, report receiving both wages and Social Security benefits. That pattern is surprising given the enormous advantage of claiming as late as possible – monthly benefits claimed at age 70 are 76 percent higher than those claimed at 62 – and the fact that t…
In a recent podcast, I talk with Laura D. Quinby of the Center for Retirement Research at Boston College (CRR) and Luc Schuster of Boston Indicators about their study Wealth Gaps in the Golden Years: Economic Insecurity for Older Adults in a High-Cost State. They examined economic insecurity for older adults in Massachusetts through both quantitative analysis carried out by…
