Retirement Outcomes in the Health and Retirement Study

Social Security Bulletin, Perspectives, Vol. 64, No. 4, 2000

Posted: 18 Feb 2001

See all articles by Alan L. Gustman

Alan L. Gustman

Dartmouth College - Department of Economics; National Bureau of Economic Research (NBER)

Thomas L. Steinmeier

Texas Tech University - Department of Economics and Geography

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Abstract

This study examines retirement outcomes in the first four waves of the 1992-1998 Health and Retirement Study. Measured retirement differs with the definition of retirement used and among various groups analyzed. Twenty-two percent of the sample report they were partially retired at some time in the first four waves. By age 65, over a fifth of the population is partially retired. Altogether, 17 percent of the sample experienced a reversal in the course of the survey, moving from a state of less work to a state of more work. The large spike in the population of men leaving non-retirement at age 65 observed in the 1969-1979 Retirement History Survey is reduced from 18 percentage point to 11 percentage points in the Health and Retirement Study, while the share leaving non-retirement at 62 has increased from 13 percentage points to 20 percentage points over time.

JEL Classification: H55, J14, J26

Suggested Citation

Gustman, Alan L. and Steinmeier, Thomas L., Retirement Outcomes in the Health and Retirement Study. Social Security Bulletin, Perspectives, Vol. 64, No. 4, 2000, Available at SSRN: https://ssrn.com/abstract=241775

Alan L. Gustman (Contact Author)

Dartmouth College - Department of Economics ( email )

6106 Rockefeller Center
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National Bureau of Economic Research (NBER)

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Thomas L. Steinmeier

Texas Tech University - Department of Economics and Geography ( email )

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United States
806-742-2201 (Phone)

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