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such as occupational licensing may influence how individuals transition to retirement. When and how workers transition from … career jobs to full retirement may contribute to pre- and post-retirement well-being. Previous investigations of retirement … pathways focused on the patterns and outcomes of retirement transitions, yet the influence of occupational licensing on …
Persistent link: https://www.econbiz.de/10014512146
, older ages at retirement, and more years of service are associated with a greater probability of choosing a J&S annuity. We …
Persistent link: https://www.econbiz.de/10014576660
Many people forgo a higher stream of public pension income by claiming early. We provide both quasi-experimental and survey-experimental evidence that the timing of public pension claiming is relatively inelastic to changes in financial incentives in Canada. Using the survey experiment, we...
Persistent link: https://www.econbiz.de/10014226135
Health and Retirement Study, we compare respondents' observed Social Security claiming ages and benefits with subjective …
Persistent link: https://www.econbiz.de/10014247944
with it to alter retirement probabilities. A positive, tentative, and contemporary writing style increases persistence in …
Persistent link: https://www.econbiz.de/10014250192
In recent decades, many states have reduced future retirement benefits for newly hired teachers. We estimate that in … 2020 the average initial monthly retirement benefit, for teachers retiring with 30 years of service, is 11.2 percent lower …
Persistent link: https://www.econbiz.de/10013388828
This paper evaluates a new variant of the popular target date funds used in employer-based retirement savings plans. We … call this new variant a "target retirement plan." Instead of increasing the allocation to bond funds as retirement … approaches, a target retirement fund gradually purchases deferred life annuities beginning at age 50. In the particular straw …
Persistent link: https://www.econbiz.de/10013537711
much more attractive thanks to three factors: a more generous delayed retirement credit, improvements in mortality, and …
Persistent link: https://www.econbiz.de/10013537737
"boomerang" back home impact their parents in their pre-retirement and post-retirement years. We use data from the Health and … Retirement Study (HRS) to examine the effects of boomerang children on their parents' labor market expectations and choices, as …
Persistent link: https://www.econbiz.de/10013537757
social security reforms. We further estimated the association of ITAX with an individual's decisions concerning retirement … forms on retirement based on the estimated regression parameters. The results showed that a higher ITAX drove individuals …
Persistent link: https://www.econbiz.de/10014322857