Tag: retirement age

A miniature man and a miniature woman sitting with a baby on top of a stack of coins

Paid parental leave is a good idea, but this isn’t the way to do it.    I had hoped that the proposal to use Social Security to finance parental leave had died.  Unfortunately, Senator Rubio’s “Economic Security for New Parents Act” appears alive and well and was just scored by the Social Security actuaries.  T…

retired man sitting in armchair and reading curious book at leisure

The increase in the average retirement age has been driven by those with more education. Today, male college graduates retire about three years later than high school graduates (see Figure).  While the story is more complicated for women because of the dramatic change in their labor force participation rates over the latter half of t…