Planning for retirementThe accuracy of expected retirement dates and the role of health shocks

Planning for retirementThe accuracy of expected retirement dates and the role of health shocks

Planning for retirement

The accuracy of expected retirement dates and the role of health shocks

Dwyer

Debra S.

Dwyer, Debra S.

Author

Author

text

working paper

Chestnut Hill, Mass. Center for Retirement Research at Boston College20012001monographic

Chestnut Hill, Mass.

Chestnut Hill, Mass.

Center for Retirement Research at Boston College

2001

2001

monographic

Englisheng

English

eng

electronicapplication/pdfborn digital

electronic

application/pdf

born digital

This paper explores the relationship between expectations about retirement, realizations of retirement, and the role of health shocks. Using waves 1 through 4 of the Health and Retirement Study we follow people into retirement. We explore the factors that affect changes to plans that were made in wave 1 paying special attention to changes in health status. We find that health shocks since the planning horizon trigger earlier retirement than planned. Existing health problems have little impact on changes to retirement plans. Health insurance availability continues to be a significant predictor of retirement.

Debra S. Dwyer.

CRR WP2001-8

CRR WP2001-8

CRR WP

2001-8

http://crr.bc.edu/images/stories/Working_Papers/wp_2001-08.pdf

MChBEnglisheng

MChB

Englisheng

English

eng