Tag: retirement age
The brief’s key findings are: Job-changers over age 50 increasingly end up in “old-person” jobs, with a high share of older hires relative to prime-age hires. These basic findings hold by gender and by education. However, the overall outlook has improved since the late 1990s for all groups, particularly for older women with more education…
Abstract Using Health and Retirement Study (HRS) data and Latent Class Analysis for three cohorts (those born in 1931-1936, 1937-1941, and 1942-1947), this paper explores: 1) who claims Social Security benefits at age 62; 2) what percentage of households claiming at 62 are unprepared for retirement; and 3) whether the unprepared early claimers were pushed…