Coe, Norma B.; Khan, Mashfiqur; Rutledge, Matthew S. - Center for Retirement Research (CRR), Boston College - 2013
When Social Security’s Full Retirement Age (FRA) increased to age 66 for recent retirees, the peak retirement age increased with it. However, a large share of people continue to claim their Social Security benefits at age 65. This paper explores two potential explanations for the...