Tag: retirement finances

Senior couple and tecnologies

The brief’s key findings are: As life expectancy rises, more retirees will face late-life financial risks, including: high health costs, financial mistakes due to cognitive decline, and widowhood. To date, the research literature suggests that these risks severely affect only a minority of retirees, but the impact may become more widespread in the future. The reasons includ…

social_security_5

Abstract During the Great Recession, more older workers have claimed Social Security benefits early.  This paper addresses two important policy questions:  Who are these early claimers?  How much retirement income have they lost as a result of claiming early?  Using the Health and Retirement Study (HRS) we estimate a discrete-time hazard model that makes claiming…