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Investigates the prospects for moving the average retirement age to 66 from 63. Examines companies' incentives to employ older workers and what government can do to promote continued participation in the workforce. Considers the challenge of ensuring a secure retirement for low-wage workers and...
Persistent link: https://www.econbiz.de/10003681746
Disability-free life expectancy had been rising continuously in the United States until 2010, suggesting working longer as a solution for those financially unprepared for retirement. However, recent developments suggest improvements in working life expectancy have stalled, especially for...
Persistent link: https://www.econbiz.de/10013312714
This paper uses the monthly Current Population Survey to study older workers’ transitions out of employment and into retirement before and during the pandemic. It examines whether the effect of the pandemic was particularly acute for workers with certain demographic characteristics and working...
Persistent link: https://www.econbiz.de/10013322487
Persistent link: https://www.econbiz.de/10009559679
Using 1977-2011 data from the Current Population Survey, this paper investigates the often-repeated claim that delayed retirement by baby boomers will result in higher unemployment among the young, a claim which has been garnering increased attention from the media during the Great Recession. It...
Persistent link: https://www.econbiz.de/10013099305
Many older Americans need to work longer in order to achieve a secure retirement. The question is whether employers will hire and retain them. This paper reports on a 2019 survey of employer perceptions of the productivity, costs, and net value of their older workers relative to their younger...
Persistent link: https://www.econbiz.de/10012836624
Many older Americans need to work longer in order to achieve a secure retirement. The question is whether employers will hire and retain them. This paper reports on a 2019 survey of employer perceptions of the productivity, costs, and net value of their older workers relative to their younger...
Persistent link: https://www.econbiz.de/10012838527
This paper explores the extent to which health, employment, family, or finances are associated with earlier-than-planned retirement using the Health and Retirement Study (HRS). The importance of any shock that drives early retirement depends both on its effect on those experiencing it and its...
Persistent link: https://www.econbiz.de/10012903965
Working consistently through one's fifties and early sixties is key to attaining retirement security. However, workers also need access to retirement plans – so they can continue to accumulate resources – and health insurance – so they can avoid withdrawing assets in the event of a health...
Persistent link: https://www.econbiz.de/10012860851
Over the past couple of decades Americans have been seeking to work to older ages. However, working to older ages requires more than a willingness on the part of workers; it requires employers to hire them on terms that are worthwhile. This paper addresses the question of what jobs employers...
Persistent link: https://www.econbiz.de/10012828215