the normal retirement age from sixty-six to seventy-three, or 4) means-test the benefits and reduce them one-to-one with … participation ; retirement age ; demographic shift ; overlapping generations …

Americans face the challenges of retirement with varying degrees of preparation. Evidence indicates that that many … individuals may not be making the best possible choices with respect to their Social Security and retirement savings. We assess … the subjective expectations of non-retirees and find that they have sizable biases and uncertainty about future retirement …

This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction … their retirement probability increases in a sizable way. We also find that the procedure to impute seniority used in …

containing all males and females born in Sweden between 1927 and 1950 and observe their retirement behavior during 1991-2012. The … effect towards later retirement through lower replacement levels, it also implied a lower price on leaving the labor market … measured by Social Security Wealth, defined at each hypothetical retirement age, and a variable measuring the implicit tax …

effects on the economy. After the recent reform, ‘the way that retirement benefits are calculated' is changed unfavorably for … workers and the minimum age for retirement is increased. In particular, for an agent with 25 years of social security tax … payments, the replacement rate is down from 65 percent to 50 percent. On the other hand, retirement age is up from 60 to 65 …

This paper presents estimates of the impact of Social Security's Delayed Retirement Credit on the employment rates of … recent increases in social security's Normal Retirement Age also appear to be pushing up labor supply …