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Using data from three waves of the General Social Survey on retirement and older workers (1994, 2002 and 2007), we … document the evolution of retirement patterns over the last three decades. We combined the analysis of retirement ages of … actual retirees with data on expected retirement ages of current workers to create a longer perspective on changes in …
Persistent link: https://www.econbiz.de/10009368559
In this paper we raise the question, as to whether retirement is lost as we currently know it in Canada. Here we look … at the retirement research according to the scope of retirement and the new retirement, possible theoretical developments …, the timing of transitions into retirement and life as a retiree including the quality of pensions. On the basis of this …
Persistent link: https://www.econbiz.de/10010550447
Does retirement represent a state of relative prosperity or a time of unanticipated economic hardship? To assess … whether individuals are successful in smoothing their well-being across the transition to retirement we analyse measures of …-reported change in their standard of living, financial security, and overall happiness over the transition to retirement. It is found …
Persistent link: https://www.econbiz.de/10010551721
Identifying the effect of the financial incentives created by social security systems on the retirement behaviour of … retirement probability by approximately 10 percent. In addition, we find that the social security reform induced significant … funding retirement. …
Persistent link: https://www.econbiz.de/10010551722
This paper examines income inequality over stages of the later-life course (age 45 and older) and systems that can be used to mitigate this inequality. Two hypotheses are tested: (i) Levels of income inequality decline during old age because public benefits are more equally distributed than work...
Persistent link: https://www.econbiz.de/10005763271
retirement income. More precisely, this paper, which is based on two Statistics Canada surveys (Survey of Consumer Finances and … retirement income sources has been realized, while discerning five distinct categories: net government transfer payments, CPP … retirement income have become substantially more diversified and privatized during the period under study. These adjustments are …
Persistent link: https://www.econbiz.de/10005763321
retirement and aging decisions including: time to retirement between spouses, financial planning, and health related retirement …
Persistent link: https://www.econbiz.de/10005763329
maintaining their incomes after retirement. Our main conclusions are as follows. First, in the two years immediately after … retirement the aftertax income replacement ratios average about two-thirds when calculated across all ages of retirement. Second …, the ratios tend to increase with the age of retirement. Third, the ratios increase with years in retirement, at least in …
Persistent link: https://www.econbiz.de/10008542636
rather analyzes one vital option that has received insufficient attention in previous debates: raising the normal retirement … significant increase in life expectancy raises the question of whether the current retirement ages of 60 years, for earliest CPP … the option of raising the retirement age needs to be discussed well before longevity increases or funding problems occur …
Persistent link: https://www.econbiz.de/10008542640
If retirement means a substantial and sustained reduction in the time spent working for pay or profit, measurement … retirement is about 63 for men, 62 for women. That is true for all cohorts. If earning up to half of one’s previous employment …
Persistent link: https://www.econbiz.de/10005042138