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One partial solution to the strains of an aging society is continued work later in life, and self-employment is one way that some older Americans have chosen to remain in the labor force. The individual and societal benefits of continued work are straightforward: each additional year that...
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Purpose of the Study: Older Americans contemplating retirement today face a very different economic environment than prior cohorts did. This article examines whether the retirement patterns of older Americans have changed as a result. Design and Methods: Using data from 10 waves of the Health...
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With increasing pressure on the nation's retirement systems, questions about how long people stay in the labor force and why they decide to retire are of great importance. The big unknown going forward is whether the contraction of the retirement income system will cause workers to continue...
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We use the 1998-2006 waves of the Health and Retirement Study (HRS) to investigate how households change their asset holdings at older ages. We find a notable increase in the net worth of older households between 1998 and 2006, with most of the growth due to housing. Our results indicate that,...
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