Tag: Social Security
Previous research has shown that spending drops immediately at the moment the paychecks stop, and a few studies have found that households, once retired, reduce their consumption over time. But a new study that also takes the long view suggests that the spending decline is not what retirees want to do but what is necessitated…
Nobody seems to know just why. A colleague was looking into doing a project on Social Security’s Disability Insurance (DI) program, so it forced me to take a look. If you listened to conversations on DI, you would get the impression that the problem is out of control and the highest national priority is getting…