G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w18051
来源IDWorking Paper 18051
How is Economic Hardship Avoided by Those Retiring Before the Social Security Entitlement Age?
Kevin S. Milligan
发表日期2012-05-04
出版年2012
语种英语
摘要Governments around the world are reacting to extended lifespans and troubled pension finances by increasing the age of retirement benefit entitlement. One concern that arises is how those who are not working before reaching entitlement age are able to bridge their consumption to the age of entitlement. This paper studies those who retire before the age of full pension entitlement in the United States using data drawn from the Health and Retirement Study. The major finding is that four out of five people who have zero earnings at pre-entitlement ages are able to find a way to lift their incomes over the poverty line. For men, pension and annuity income is important while for women, spousal income helps most to get them over the line. Reaching the early retirement entitlement age at 62 also has a significant impact on poverty avoidance.
主题Labor Economics ; Demography and Aging ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w18051
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/575727
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Kevin S. Milligan. How is Economic Hardship Avoided by Those Retiring Before the Social Security Entitlement Age?. 2012.
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