This paper considers the long-term effects of smoking on disability retirement. Exploiting population-wide registry …, thus shedding some light on the biological mechanisms linking smoking to disability retirement. We demonstrate a strong … association between smoking and disability retirement. Among individuals aged 50-64, smokers have a six percentage point higher …

This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase … voluntarily claim about half a year later if the lump sum were paid for claiming any time after the Early Retirement Age, and … about two-thirds of a year later if the lump sum were paid only for those claiming after their Full Retirement Age. Overall …

decisions as well as novel mechanisms governing these trade-offs. Using data from the Health and Retirement Study and the … Security benefits prior to their normal retirement age, despite large penalties associated with these early benefit claims. We …