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timing of retirement. Using detailed longitudinal population register data 1982–2010, we track first-time enrollees in higher … large effects. Tentative calculations indicate that if enrollment occurs at age 42, the retirement delay represents about …
Persistent link: https://www.econbiz.de/10010209735
We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort … defined benefit to a defined contribution. We find that if increase in the retirement age is phased in a way that allows …
Persistent link: https://www.econbiz.de/10011522240
could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while … drawing a pension before reaching the normal retirement age, could create the necessary conditions for reaching this goal. The … impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial …
Persistent link: https://www.econbiz.de/10011762779
force participation is related to both a decline in the take-up of early retirement among 60-64-year-olds, an increase in … the average age of entry to a retirement program, and an increase in the propensity of working after entering a retirement … unemployment before retirement, age and education. …
Persistent link: https://www.econbiz.de/10010251395
standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …
Persistent link: https://www.econbiz.de/10011420305
Wechselwirkung zwischen privater und staatlicher Altersvorsorge in einem Wohlfahrtsstaat beziehen. …
Persistent link: https://www.econbiz.de/10012154531
retirement age to 65 for both genders has a strong positive effect on sustainability of the pension system and keeps the deficit …
Persistent link: https://www.econbiz.de/10011890959
on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure … for retirement preparedness. Notwithstanding this, we find that even quite impatient households in the population we study …
Persistent link: https://www.econbiz.de/10012213993
The article presents an outline of the principles for granting reverse mortgage loans by banks and other credit institutions, as well as mechanisms intended to protect consumers who may potentially take advantage of this service. Its objective is not to offer a detailed analysis and assessment...
Persistent link: https://www.econbiz.de/10011860294
Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular … process, model, and parameter risks. The results show that: (i) retirement ages are forecasted to increase substantially in … the coming decades, particularly if a constant period in retirement is targeted; (ii) retirement age policy outcomes may …
Persistent link: https://www.econbiz.de/10012597036