Are We Retiring Too Early?

Pierre Pestieau

Liege - Groupe d'Etude des Mathematiques du Management et de l'Economie from UNIVERSITE DE LIEGE, Faculte d'economie, de gestion et de sciences sociales, Groupe d'Etude des Mathematiques du Management et de l'Economie

Abstract: The European population is living longer but retiring earlier. More and more individuals are spending an increasing fraction of their lifetime relying on retirement benefits. At the same time, social security programs face mounting financial difficulties. The purpose of this paper is to explain why people are retiring so young and why it is so difficult to reverse a trend that could turn out to be fatal to social security systems that have worked so well up to now.

Keywords: RETIREMENT; INCOME; SOCIAL SECURITY (search for similar items in EconPapers)
JEL-codes: E62 H23 H55 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2001
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Citations: View citations in EconPapers (9)

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Related works:
Working Paper: Are We Retiring too Early? (2001)
Working Paper: Are we retiring too early? (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:gemame:2001/03

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