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Will people be healthy enough to work longer?

Series Title(s):
Center for Retirement Research working paper
Contributor(s):
Munnell, Alicia H.
Soto, Mauricio.
Golub-Sass, Alex.
Center for Retirement Research at Boston College.
Publication:
Chestnut Hill, MA : Center for Retirement Research at Boston College, c2008
Language(s):
English
Format:
Text
Subject(s):
Employment -- statistics & numerical data
Health Status
Health Surveys
Retirement -- statistics & numerical data
Continental Population Groups -- statistics & numerical data
Educational Status
Employment -- trends
Forecasting
Life Expectancy -- trends
Middle Aged
Mortality -- trends
Retirement -- trends
Socioeconomic Factors
Humans
Male
United States
Genre(s):
Technical Report
Abstract:
If Americans continue to retire at age 63, a great many will risk income shortfalls especially at older ages. Because work directly increases current income, Social Security benefits, retirement saving, and decreases the length of retirement, a logical solution would be to increase the age of retirement. But are Americans healthy enough to work longer? Using the National Health Interview Survey, this paper shows that healthy life expectancy increased by about three years over 1970-2000 for the average 50-year old man. This increase is largely the result of men moving up the education ladder, with minimal increases within educational groups. Moreover, major disparities in healthy life expectancy remain between those in the bottom and top quartiles of the population. And these disparities mean that a vulnerable portion of the population -- perhaps those who most need to work longer-- might not be able to extend their work lives.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
36 p.
Illustrations:
Illustrations
NLM Unique ID:
101488278 (See catalog record)
Series Title(s):
Center for Retirement Research working paper
Contributor(s):
Munnell, Alicia H.
Soto, Mauricio.
Golub-Sass, Alex.
Center for Retirement Research at Boston College.
Publication:
Chestnut Hill, MA : Center for Retirement Research at Boston College, c2008
Language(s):
English
Format:
Text
Subject(s):
Employment -- statistics & numerical data
Health Status
Health Surveys
Retirement -- statistics & numerical data
Continental Population Groups -- statistics & numerical data
Educational Status
Employment -- trends
Forecasting
Life Expectancy -- trends
Middle Aged
Mortality -- trends
Retirement -- trends
Socioeconomic Factors
Humans
Male
United States
Genre(s):
Technical Report
Abstract:
If Americans continue to retire at age 63, a great many will risk income shortfalls especially at older ages. Because work directly increases current income, Social Security benefits, retirement saving, and decreases the length of retirement, a logical solution would be to increase the age of retirement. But are Americans healthy enough to work longer? Using the National Health Interview Survey, this paper shows that healthy life expectancy increased by about three years over 1970-2000 for the average 50-year old man. This increase is largely the result of men moving up the education ladder, with minimal increases within educational groups. Moreover, major disparities in healthy life expectancy remain between those in the bottom and top quartiles of the population. And these disparities mean that a vulnerable portion of the population -- perhaps those who most need to work longer-- might not be able to extend their work lives.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
36 p.
Illustrations:
Illustrations
NLM Unique ID:
101488278 (See catalog record)