retirement's benefits and its possible costs, both the relief retirees can feel once free of work's stresses and constraints and …Retirement brings with it the promises of leisure and freedom as well as the risks of boredom and isolation. When … experience a sometimes-uncomfortable absence of structure. In The Experience of Retirement, the distinguished sociologist Robert …

This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase … in lifetime annuity benefits, for a lump sum would induce later claiming and additional work. We show that people would … voluntarily claim about half a year later if the lump sum were paid for claiming any time after the Early Retirement Age, and …