Are People Claiming Social Security Benefits Later?

Lawrence Muldoon and Richard Kopcke

Issues in Brief from Center for Retirement Research

Abstract: Today, the retirement income system — comprising Social Security and employer-sponsored pension plans — is contracting. To compensate, people need to work longer to ensure an adequate income over many years throughout retirement. A few additional years in the labor force can make a big difference. Working longer directly increases current income; it avoids the actuarial reduction in Social Security benefits; it allows people to contribute more to their 401(k) plans; and it shortens the period of retirement.

Pages: 5 pages
Date: 2008-06, Revised 2008-06
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://crr.bc.edu/briefs/are-people-claiming-social-security-benefits-later/
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://crr.bc.edu/briefs/are-people-claiming-social-security-benefits-later/ [301 Moved Permanently]--> https://crr.bc.edu/briefs/are-people-claiming-social-security-benefits-later/)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:crr:issbrf:ib2008-8-7

Access Statistics for this paper

More papers in Issues in Brief from Center for Retirement Research Contact information at EDIRC.
Bibliographic data for series maintained by Amy Grzybowski () and Christopher F Baum ().