Tag: retirement planning
The housing market collapse more than a decade ago inflicted a lot of financial damage on baby boomers nearing retirement. But a new study finds that some have been trying to make up for lost time by rapidly reducing their mortgage debt. Since the Great Recession, the boomers who were born in the 1950s –…
Abstract This paper examines the relationship between life expectancy and labor force participation at older ages. It uses information on life expectancy from the U.S. Small-Area Life Expectancy Estimates Project and information on labor force participation from the five-year American Community Survey. Critical components of the analysis include merging the Census-tract-level information from the two…
