Do Longevity Expectations Influence Retirement Plans?
Mashfiqur R. Khan,
Matthew Rutledge and
April Y. Wu
Issues in Brief from Center for Retirement Research
Abstract:
The brief’s key findings are: Workers who think they have excellent chances of living to ages 75 and 85 plan to work longer than those who think their chances are poor. These perceptions of life expectancy also influence workers’ actual retirement behavior, though to a lesser degree. These results are consistent with the notion that while workers who expect to live longer plan to retire later, actual behavior is influenced by unexpected shocks.
Pages: 7 pages
Date: 2014-03
New Economics Papers: this item is included in nep-age and nep-hea
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