financial shocks. One consequence of this financial vulnerability is that many individuals use a portion of their retirement … before retirement (Argento, Bryant, and Sabelhaus 2015). We explore the practical considerations and challenges associated … with helping households accumulate liquid savings that can be deployed when urgent pre-retirement needs arise …

This paper provides an overview of the Swedish social security system and its impact on individual retirement behavior …

Proposed changes in the U.S. Social Security provisions include increasing the normal retirement age from 65 to 67 and … changing from 3% to 8% the increase in benefits for each year that retirement is delayed after normal retirement. The paper … force participation, but that changes in the firm plan - like increasing the early retirement age - would have very large …

The paper develops a model of retirement based on the option value of continuing to work. Continuing to work maintains … the option of retiring on more advantageous terms later. The model is used to estimate the effects on retirement of firm … remain with the firm until some age, often the early retirement age, and then a strong incentive to leave the firm thereafter …

plans have spread. Previous research showed that defined benefit plans, with sharp incentives encouraging retirement after a … certain point, contributed to the striking postwar decline in American retirement ages. In this paper we find that the absence …

This paper investigates the relationship between pension coverage and the retirement behavior of older men. Pensions … retirement …

retirement income adequacy for all covered employees; and (2) to ensure retirement income equity, defined as equal total … employees against adverse changes in their social security retirement benefit. Using the option-pricing methodology of modern … the sponsor makes ad hoc post-retirement benefit increases. We also consider the incentive effects on worker mobility of …

longitudinal examination of pension retirement incentives in several dozen plans observed between about 1960 to 1980. The plans … under study instituted many changes over this period, several of which enhanced the financial payoff to early retirement …. These alterations included increases in benefit levels, reductions in early, normal and mandatory retirement ages, and cuts …