Aging and Retirement
Rising incomes and medical advances are allowing people throughout the world to live well beyond traditional retirement ages. At the same time, declining birthrates mean that fewer prime-age workers are available to support retirees. The aging of the world's population has profound implications for all aspects of civil society. RAND Labor and Population research and analysis provides the facts necessary to guide the development of informed policy throughout this long-term transition.
RAND Labor and Population is home to some of the world's most distinguished experts on the demography and economics of aging. Their pioneering research — on such topics as the determinants of retirement and disability, consumption and savings behavior, and the role of family and social support systems — is helping decisionmakers to evaluate the effects of alternative policies.
Studies the 2006 Massachusetts health insurance reform to estimate the potential effects of the Affordable Care Act on Social Security Disability Insurance and Supplemental Security Income applications.
How Do Management Fees Affect Retirement Wealth Under Mexico’s Personal Retirement Accounts System? — January 29, 2014
Examines changes in retirement wealth resulting from Mexico's transformation from its pay-as-you-go social-security system to a fully funded system with personal retirement accounts, including management fees.
Confidence, Overconfidence, and Retirement Planning: RAND Behavioral Finance Webinar — December 17, 2013
This talk first reviews the literature on confidence and decisionmaking and then goes on to present results from data analyzed from a national sample recruited through RAND's American Life Panel, an Internet panel study of U.S. adults aged 18–88 years. Implications for the role of confidence in investment behavior is discussed.
The Effect of Local Labor Demand Conditions on the Labor Supply Outcomes of Older Americans — November 19, 2013
Measures the effects of local labor demand conditions on a host of outcomes for older individuals including employment, retirement, Social Security claiming, wages, and job characteristics.
Harmonized LASI Pilot Data Documentation: Version A — November 19, 2013
Documents the Harmonized Longitudinal Aging Study in India (LASI) file.