Tag: working longer
Abstract In this paper, we characterized health trajectories over an 18-year period for a cohort of American workers. We used administrative data to track monthly, health-related events for six chronic diseases (asthma, arthritis, diabetes, depression, ischemic heart disease, and hypertension) including the diagnoses of new disease, hospitalizations, and outpatient visits. Using these data, we first…
Saving more helps a little, but has big impact when combined with working longer. The National Retirement Risk Index (NRRI) shows that half of today’s working families are “at risk” of being unable to maintain their standard of living once they retire. This result is not surprising since, at any given point, about half of…
