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, contribution or asset allocation resulting from reduced access to 401(k) balances, retirement balances from 401(k) plans, and IRA …
Persistent link: https://www.econbiz.de/10013051905
Retiring at age 62 allow pensions and Social Security payments earlier, with three more years of leisure time. Waiting to retire at age 65 will probably give the retiree larger pension and Social Security payments plus the earnings from three more years of work. We present a methodology for...
Persistent link: https://www.econbiz.de/10013053351
Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of … spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …
Persistent link: https://www.econbiz.de/10012987699
Persistent link: https://www.econbiz.de/10009743245
We are interested in defining the optimal retirement age by socio-economic class, given a Defined Benefit and a …. Therefore, we provide an alternative based on two accounts. We look for the retirement age allowing the accumulated value, at … lower retirement age for lower socio-economic classes and a higher retirement age for wealthier individuals. …
Persistent link: https://www.econbiz.de/10012373083
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10011809912
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
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
What is the optimal retirement age? This paper looks at the optimal retirement age from various perspectives. Most of … the current pension laws relating to retirement age were codified decades ago, and they have become badly out of date … retirement decisions. This paper provides some background about demography, health, and retirement; summarizes how current …
Persistent link: https://www.econbiz.de/10014217136
We compare older workers' plans for work and retirement with their subsequent work and retirement outcomes using panel … data from the Health and Retirement Study. Among those with retirement plans, about half indicate they would like to cut …
Persistent link: https://www.econbiz.de/10014028865