with annuities financed by Personal Retirement Accounts. We showed that such a combination could maintain the level of … retirement income projected in current Social Security law while avoiding a future increase in the payroll tax rate. The current … paper extends the earlier analysis in four ways: (1) We now specify that the funds deposited in the Personal Retirement …

so using information on older males from the Health and Retirement Study over the 1980-1997 period to calculate the …

This study examines retirement outcomes in the first four waves of the Health and Retirement Study. Measured retirement … is seen to differ, sometimes substantially, with the definition of retirement used and among various groups analyzed …. Moreover, these differences vary with the wave of the survey as respondents age. Retirement is comprised of a complex set of …

National Longitudinal Survey of Mature Women (NLS-MW) and the Health and Retirement Study (HRS). These calculations provide …

We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as … retirement, and progress through their retirement years, and (b) labor force participation declined and thus earnings became less … important with age, while Social Security and retirement savings rose as a proportion of annual income …

The delayed retirement credit (DRC) increases monthly OASI (Old Age and Survivors Insurance) benefits for primary … beneficiaries who claim after their full retirement age (FRA). For many years, the DRC was set at 3.0 percent per year (0.25 percent …

This paper documents trends over the last two decades in retirement behavior and retirement income choices by …, the average retirement age rose by approximately 1.3 years for female and 2 years for male participants. There is … retirement. Later retirement and lags between retirement and the first retirement income payout led to a growing fraction of …

would expect that wealth accumulated before retirement would be used to augment consumption in later life, with the … observed wealth patterns after retirement for singles …

This paper compares the well-being of the Retirement History Survey of the elderly with their own previous levels of … Security income in retirement is a safer source ofincome than earnings earlier in life. The fully adjusted total income … measures are at least as high for almost all classes of households in the survey as their career average pre-retirement …