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The fraction of the population over age sixty-five in many developed countries is projected to rise, in some cases sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of individuals as they age. Many individuals are retiring from paid...
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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 …
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