Aug 28, 2017
The average American's likelihood of using a nursing home is much greater than previous research has suggested. Among people age 57 to 61, 56 percent will stay in a nursing home at least one night in their lifetime.
Throughout the world, people are living well beyond traditional retirement ages. Some will suffer from health problems while others will remain in good health and continue to participate in the labor force. RAND Labor and Population research findings and recommendations help improve policies that aim to enhance physical conditions, cognitive functioning, medical care, and financial security of aging populations.
Improving the physical and economic well-being of Americans in the years before and after retirement is a key theme of our work, and is one of the focuses of our Center for the Study of Aging and our Center for Chinese Aging Studies, which have been conducting interdisciplinary cutting-edge research for more than two decades. Work in this area is examining, for example, the lifetime risk of needing long-term care, providing model-based estimates of the viability of long-term care insurance, developing long-term care options for dementia, and examining international differences in health and longevity.
The ability to make sound financial decisions is something that affects individuals over the life course, but it particularly affects the elderly as they move toward retirement. This theme is the focus of work in another of our centers, the Center for Financial and Economic Decision Making, which looks at how people collect information, how they think about risks and rewards, and how well they match their financial decisions to their preferences and interests.
In the present paper we modified the age-specific prevalence rates according to two scenarios.
Overall, the origin of the higher prevalence of health conditions in the United States results from a higher incidence of diseases and prevalence earlier in the life course.
By following individuals over many years as they progress to advanced old age, we estimated how many days individuals will spend in nursing homes and how much they will spend out-of-pocket.
We assess the extent to which personality traits are directly associated with labor force transitions at older ages and moderate the effect of non-monetary job characteristics on retirement decisions.
In this nationally-representative sample of U.S. adults aged 51 and over, living in a neighborhood in the highest tertile of the percent of adults 65 and older was associated with significantly better cognitive function.
Simulation of means testing benefit schemes showing beneficial effects on poverty and income inequality. Validated with data from a field experiment in Yucatan, Mexico, the simulations provide a good forecast of observed effects in the experiment.
We examine the extent of consumption smoothing between the receipt of benefits by households after the introduction of two non-contributory pension programs in the State of Yucatan, Mexico.
Assesses properties of commonly used estimates of total effects of obesity on mortality and identify consequences of these properties for inferences.
This study explores the influences of retirement planning and saving behavior among urban, low-income, middle-aged and older Hispanics.
This study estimates the proportion of male return migrants aged 50 years and older who reported having contributed to the U.S. social security system, and examines their demographic and migration characteristics.
Examination of factors which influence the propensity for newly admitted older immigrants to receive retirement income from abroad, paying particular attention to the effects of region of birth.
In this paper, we find strong associations of sibling gender composition of educational accomplishments of both Chinese men and women.