Tag: social security eligibility

Cheerful senior man at home looking at his mail

Abstract This paper examines the link between retirement and health by examining whether mortality changes discontinuously at the Social Security eligibility threshold at age 62. It uses data from the National Center for Health Statistics’ Multiple Cause of Death, the Health and Retirement Study, and the Social Security Master Beneficiary Records and Numident Files. Critical components of…

Senior man working at laptop at home

Abstract This paper assesses whether the accumulated retirement wealth of pre-retirees will be adequate to cover needs during retirement, and how variation in age of eligibility for Social Security benefits affects adequacy. Data from the 1998 Survey of Consumer Finances are analyzed to assess the adequacy and composition of retirement wealth of U.S. households, and…