In theory, improvements in healthy life expectancy should generate increases in the average age of retirement, with … little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent … retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing …

In theory, improvements in healthy life expectancy should generate increases in the average age of retirement, with … little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent … retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing …

treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ …