Moving and Retirement
Thought You'd Receive Social Security Benefits at 65? Were You Born After 1938?
Full retirement age (also called "normal retirement age") had been 65 for many years. However, beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959. more »
Bernanke: "The crisis should motivate economists to think further about their modeling of human behavior"
"The profound uncertainty associated with the 'unknown unknowns' during the crisis resulted in panicky selling by investors, sharp cuts in payrolls by employers, and significant increases in households' precautionary saving." more »
'Unretiring' and Social Security Myths from the Urban Institute
As women's earnings and retirement wealth have increased, they appear more likely now than in the past to make retirement decisions appropriate to their own careers and financial security, instead of following their husbands out of the labor force. more »
Problems with State-Local Final Pay Plans; Options for Reform
Final pay plans suffer from serious shortcomings: they (1) severely “backload” benefits; (2) treat very differently workers on different career trajectories; and (3) invite mischief in terms of sudden late-career promotions. They are also riskier for workers than they appear. more »
