Retirement

The Relationship between Adverse Experiences over the Life Course and Later-life Retirement Due to Disability

• December 16, 2020
• Susan Barnes
• Disability, Health, Health and Retirement Study, Labor force participation, Retirement

We will use data about early- and midlife adversity from the Health and Retirement Study, including the new Life History Mail Survey, to examine the effects of adverse experiences on retirement due to disability. We hypothesize that early- and midlife…

Winter 2020 Newsletter: MRDRC releases key findings from 2019 papers

• March 9, 2020
• Susan Barnes
• Interest Rates, IRA withdrawals, Labor force participation, Mortality trends, News, pensions, Retirement, Totalization

MRDRC published eight working papers in 2019 on topics such as totalization agreements, global interest rate trends, and retirement inequality. Informing projections Interest Rate Trends in a Global Context Dmitriy Stolyarov and Linda Tesar WP 2019-402; UM19-05 Two methodologies are…

Subjective Expectations, Social Security Benefits, and the Optimal Path to Retirement

• February 3, 2020
• CMT_Admin
• Retirement, retirement savings

Americans face the challenges of retirement with varying degrees of preparation. Evidence indicates that that many individuals may not be making the best possible choices with respect to their Social Security and retirement savings. We assess the subjective expectations of…

How Would 401(k) ‘Rothification’ Alter Saving, Retirement Security, and Inequality?

• November 1, 2019
• Susan Barnes
• pensions, Retirement, retirement savings, Social Security

The U.S. has long incentivized retirement saving in 401(k) and similar retirement accounts by permitting workers to defer taxes on contributions, levying them instead when retirees withdraw funds in retirement. This paper develops a dynamic life-cycle model to show how…

Money isn’t everything—at least for older workers

• October 15, 2019
• Susan Barnes
• Older workers, Retirement, Second career, Uncategorized, Unretirement

In 2015, Nicole Maestas, Kathleen J. Mullen, David Powell, Jeffrey Wenger, and Till von Wachtner fielded two surveys. One asked respondents about their working conditions; the second asked about their preferences for certain job characteristics. The nine working conditions were…

Wealth and Savings Key Findings, 2014 to 2018

• July 30, 2019
• Susan Barnes
• Financial well-being, IRA withdrawals, Life-cycle model, Retirement, retirement savings

Assessing Economic Resources in Retirement: The Role of Irregular Withdrawals from Tax-Advantaged Retirement Accounts

• May 21, 2019
• Susan Barnes
• Health and Retirement Study, pensions, Retirement

Understanding Job Transitions and Retirement Expectations Using Stated Preferences for Job Characteristics

• April 8, 2019
• Susan Barnes
• Labor force participation, Older workers, Retirement, Second career, Unretirement

As the population ages in the United States and other countries, encouraging older individuals to work would help counter increasing dependency ratios and improve national economic outcomes. Extending working lives is likely not simply a function of improving monetary incentives.…

Assessing Economic Resources in Retirement: The Role of Irregular Withdrawals from Tax-Advantaged Retirement Accounts

• January 9, 2019
• Susan Barnes
• Health and Retirement Study, pensions, Retirement

Irregular withdrawals from IRAs and DC pensions are not included in standard measures of household income in the CPS or Health and Retirement Study. Yet, among retirees such withdrawals can supplement regular retirement income to finance consumption. It has been…

SeaTE: Subjective ex ante Treatment Effect of Health on Retirement

• September 24, 2018
• Susan Barnes
• Financial well-being, Health, Labor force participation, Older workers, Retirement