Literature DB >> 23413315

Crash and Wait? The impact of the Great Recession on Retirement Planning of Older Americans.

Brooke Helppie McFall1.   

Abstract

This study uses data from pre- and post-crash surveys from the Cognitive Economics study to examine the impact of recent stock and labor market wealth losses on the planned retirement ages of older Americans. Regression estimates imply that the average wealth loss between July 2008 and May/June 2009 is associated with an increase in planned retirement age of approximately 2.5 months. Furthermore, pessimism about future stock market returns is found to amplify the impact of wealth losses on retirement timing.

Entities:  

Year:  2011        PMID： 23413315      PMCID： PMC3570261          DOI： 10.1257/aer.101.3.40

Source DB:  PubMed          Journal:  Am Econ Rev        ISSN： 0002-8282


  13 in total

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Review 4.  Framework for Considering Productive Aging and Work.

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5.  Health Reform and Retirement.

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Journal:  J Gerontol B Psychol Sci Soc Sci       Date:  2018-04-16       Impact factor: 4.077

6.  Parental Income and Wealth Loss and Transfers to their Young Adult Children.

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7.  Work at Age 62: Expectations and Realisations among Recent Cohorts of Americans.

Authors:  Leah R Abrams; Philippa J Clarke; Neil K Mehta
Journal:  Ageing Soc       Date:  2020-11-06

Review 8.  Spotlight on the Challenges of Depression following Retirement and Opportunities for Interventions.

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9.  The impact of Covid-19 on older workers' employment and Social Security spillovers.

Authors:  Gopi Shah Goda; Emilie Jackson; Lauren Hersch Nicholas; Sarah See Stith
Journal:  J Popul Econ       Date:  2022-07-04

10.  Examining associations of food insecurity with major depression among older adults in the wake of the Great Recession.

Authors:  Rachel S Bergmans; Riley Wegryn-Jones
Journal:  Soc Sci Med       Date:  2020-05-17       Impact factor: 4.634
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