Tag: retirement benefits
![Senior man calculating finances](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_1-1536x1024.jpg)
Abstract This study uses DYNASIM3, the Urban Institute’s dynamic microsimulation model, to examine the long-run effects of the Great Recession on the future retirement incomes of working-age individuals in 2008. It compares a baseline scenario that incorporates the historic and projected effects of high unemployment and lower wages from the recession with a no-recession scenario…
![Their finances are in the green](https://crr.bc.edu/wp-content/uploads/2022/11/social_security_3-1536x1025.jpg)
The brief’s key findings are: New rules enable one member of a two-earner couple to claim a Social Security spousal benefit at age 66 and then claim a higher retired worker benefit later. The most likely person to use this strategy is the higher-earning spouse, who can receive benefits while working without losing the gains…