Health and Retirement Study, we compare respondents' observed Social Security claiming ages and benefits with subjective …

This paper evaluates a new variant of the popular target date funds used in employer-based retirement savings plans. We … call this new variant a "target retirement plan." Instead of increasing the allocation to bond funds as retirement … approaches, a target retirement fund gradually purchases deferred life annuities beginning at age 50. In the particular straw …

productivity due to disability, prompts more people to choose physically intense occupations. Using data from the Health and … Retirement Study (HRS) and the Current Population Survey (CPS), I estimate a dynamic model of occupational choice and retirement …-collar and white-collar occupations in the effects of declining health and disability on productivity, which affects labor supply …

-recovery process can account for such reverse retirement behavior that cannot be generated by health and wealth shocks alone … and timing of re-entry and characteristics of those who re-enter using Health and Retirement Study (HRS) panel data. We …Partial and reverse retirement are two key behaviors characterizing labor force dynamics for individuals at older ages …

"boomerang" back home impact their parents in their pre-retirement and post-retirement years. We use data from the Health and … Retirement Study (HRS) to examine the effects of boomerang children on their parents' labor market expectations and choices, as … well as on their wealth, health, and life satisfaction. Event study analysis suggests that boomerang children return home …

, policy-makers, and scholars of retirement economics are included. …

We extend previous studies of retirement adequacy by testing the effect of financial sophistication on projected … retirement adequacy. In an analysis of the 2010 Survey of Consumer Finances (SCF) dataset, we found that only 42% of households … are adequately prepared for retirement compared to 58% in 2007. We tested the effects of three proxies for financial …

This study examines the divergence between objective and subjective assessment of retirement adequacy, analyzing U … with objective inadequacy, and what factors were related to being an optimist despite having objective retirement …

drawn from the Health and Retirement Study for the United States. We use data on a person's subjective probability of …We explore the proposition that expected longevity affects retirement decisions and accumulated wealth using micro data …. These findings are consistent with the view that retirement decisions are driven by institutional constraints and incentives …