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This paper examines recent U.S. Census Bureau data on labor-force participation among Americans age 55 and older, including what happened to the trends after the economic recession that started in late 2007-early 2008. The first section uses annualized data on labor-force participation from the...
Persistent link: https://www.econbiz.de/10014185879
The analysis in this paper was designed to answer two questions: (1) What percentage of U.S. households became at risk of insufficient retirement income as a result of the financial market and real estate crisis in 2008 and 2009?; (2) Of those who are at risk, what additional savings do they...
Persistent link: https://www.econbiz.de/10014186684
The aging of the U.S. population will be a critical public policy issue in the years ahead. This paper surveys the recent literature on the economics of aging, with a special emphasis on government spending on the aged. The U.S. Census Bureau projects that the proportion of the elderly in the...
Persistent link: https://www.econbiz.de/10014050511
This paper looks at one slice of the income pie of the older population: retirement annuities and employment-based pensions. It analyzes the population age 50 and over in order to take into account the prevalence of early retirement options available to individuals beginning at age 50. Recent...
Persistent link: https://www.econbiz.de/10014052107
This paper looks at one slice of the income pie of the older population: retirement annuities and employment-based defined benefit (DB) pensions. It analyzes the population age 50 and over in order to take into account the prevalence of early retirement options available to individuals beginning...
Persistent link: https://www.econbiz.de/10014195431
This paper looks at one slice of the income pie of the older population: retirement annuities and employment-based pensions. It analyzes the population age 50 and over in order to take into account the prevalence of early retirement options available to individuals beginning at age 50. Recent...
Persistent link: https://www.econbiz.de/10014212543
This paper looks at one slice of the income pie of the older population: retirement annuities and employment-based pensions. It analyzes the population of those age 50 and over in order to take into account the prevalence of early retirement options available to individuals beginning at age 50....
Persistent link: https://www.econbiz.de/10014220870
In this paper we use a variety of data sources, both micro and macro, time series, cross section, and panel data to provide an empirical evaluation of the current level of economic wellbeing of the Spanish elderly, and of its determinants. We focus, in particular on the role played by the...
Persistent link: https://www.econbiz.de/10014225380
Retirement Study? This article uses household wealth and labor market data from the Health and Retirement Study (HRS) to investigate how the recent "Great Recession" has affected the wealth and retirement of those approaching retirement age as the recession began, a potentially vulnerable...
Persistent link: https://www.econbiz.de/10014164011
When workers retire, they forego the wages and many of the benefits they received while employed. By providing subsidized health insurance coverage to virtually every American at age 65, Medicare reduces the cost of retiring for workers who receive health benefits from their employers,...
Persistent link: https://www.econbiz.de/10014098823