The mortality effects of retirement: evidence from Social Security eligibility at age 62
- Collection:
- Health Policy and Services Research
- Series Title(s):
- Center for Retirement Research working paper
- Author(s):
- Fitzpatrick, Maria D., author Moore, Timothy J., author
- Contributor(s):
- Center for Retirement Research at Boston College, issuing body.
- Publication:
- Chestnut Hill, MA : Center for Retirement Research at Boston College, August 2016
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Mortality Retirement Social Security Aged Causality Humans United States
- Genre(s):
- Technical Report
- Abstract:
- Social Security eligibility begins at age 62, and approximately one third of Americans immediately claim benefits upon reaching that age. We study the link between retirement and health by examining whether mortality changes discontinuously at this threshold. Using mortality data that covers the entire U.S. population and includes exact dates of birth and death, we document a robust two percent increase in overall male mortality immediately after age 62. The rise in mortality is closely connected to changes in labor force participation, implying that mortality increases by approximately 20 percent among those who stop working because Social Security is available.
- Copyright:
- Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
- Extent:
- 1 online resource (1 PDF file (53 pages))
- Illustrations:
- Illustrations
- NLM Unique ID:
- 101705957 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/101705957