Retirement ages among older Americans have only recently begun to increase after a precipitous fifty-year decline …. Early retirement may result from incentives provided by retirement systems; but it may also result from the rigidities …

Retirement ages among older Americans have only recently begun to increase after a precipitous fifty-year decline …. Early retirement may result from incentives provided by retirement systems; but it may also result from the rigidities …

-side explanation for the frequently observed discrete drop from full-time work to complete retirement. …

The effects on consumption and retirement of characteristics of the life cycle, especially the length of the horizon … effect on effort, but its magnitude is quite small. The panel from the Retirement History Survey is used, and life …-cycle effects on consumption and retirement are estimated jointly for 1973 and 1975. There is a weak small effect of a more distant …

and 1975 Retirement History Survey that have been linked to Social Security earnings records. Nearly 500 white, married …, fully retired couples ages 62-69 form the basis of the analysis. On average their consumption early in retirement exceeds by … consumption at a rate sufficient to generate positive changes in net financial worth within a few years after retirement. These …

-side explanation for the frequently observed discrete drop from full-time work to complete retirement …

-side explanation for the frequently observed discrete drop from full-time work to complete retirement …

with it to alter retirement probabilities. A positive, tentative, and contemporary writing style increases persistence in …