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The approaching retirement of the baby boom generation has attracted both research and public policy attention. Many changes occurred during the second half of the twentieth century, changes likely to affect the retirement economic security of recent cohorts. Using data from the Health and...
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This article examines how retirement income at age 67 is likely to change for baby boomers and persons born in generation X (GenX) compared with current retirees. We use the Social Security Administration's Modeling Income in the Near Term (MINT) model to project retirement income and assets,...
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Long-term increases in life expectancy have varied for individuals with different lifetime earnings levels. This article examines two hypothetical adjustments to Social Security Old Age and Survivors Insurance benefits that would offset the differential changes in projected life expectancy. The...
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