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Persistent link: https://www.econbiz.de/10012505464
Social Security retirement benefits can be claimed at any age between 62 and 70, with delayed claiming resulting in … and Retirement study, we show that individuals who turned 62 after 2000 are indeed more likely to delay than those who …
Persistent link: https://www.econbiz.de/10012459291
Social Security benefits may be commenced at any time between ages 62 and 70. As individuals who claim later can, on average, expect to receive benefits for a shorter period, an actuarial adjustment is made to the monthly benefit to reflect the age at which benefits are claimed. In earlier work...
Persistent link: https://www.econbiz.de/10012460451
to those rules. This research derives a theory of retirement that views retirement as a special type of labor supply … that makes low hours of work unattractive. The theory is tractable analytically, and therefore well-suited for analyzing … proposals that affect Social Security. This research examines how retirement age varies with generosity of Social Security …
Persistent link: https://www.econbiz.de/10012725565
Why are social security transfers associated with retirement rules? This paper focuses on the political interactions … between retirement and social security. Using a probabilistic voting approach, it analyzes why old people are induced to … labor income of the old, to induce them to retire. Retirement increases the level of ideological homogeneity of the old. In …
Persistent link: https://www.econbiz.de/10014106843
This paper investigates retirees’ optimal purchases of fixed and variable longevity income annuities using their defined contribution (DC) plan assets and given their expected Social Security benefits. As an alternative, we also evaluate using plan assets to boost Social Security benefits...
Persistent link: https://www.econbiz.de/10014255003
programs with retirement incentives are larger and that the old are more "single-minded" in their politics, implications which …
Persistent link: https://www.econbiz.de/10014191843
Social Security benefits may be commenced at any time between ages 62 and 70. As individuals who claim later can, on average, expect to receive benefits for a shorter period, an actuarial adjustment is made to the monthly benefit to reflect the age at which benefits are claimed. In earlier work...
Persistent link: https://www.econbiz.de/10013090660
Social Security retirement benefits can be claimed at any age between 62 and 70, with delayed claiming resulting in … and Retirement study, we show that individuals who turned 62 after 2000 are indeed more likely to delay than those who …
Persistent link: https://www.econbiz.de/10013076919
model with stochastic life expectancy across generations and endogenous retirement decisions. The social optimum is shown to … imply that retirement age should be proportional to longevity. Moreover, increasing longevity calls for pre-funding even if … sharing and retirement incentives are analyzed …
Persistent link: https://www.econbiz.de/10013318146