The Mortality Effects of Retirement: Evidence from Social Security Eligibility at Age 62

63 Pages Posted: 19 Dec 2017

See all articles by Maria Donovan Fitzpatrick

Maria Donovan Fitzpatrick

Cornell University; NBER

Timothy Moore

University of Melbourne - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: December 2017

Abstract

Social Security eligibility begins at age 62, and approximately one third of Americans immediately claim at that age. We examine whether age 62 is associated with a discontinuous change in aggregate mortality, a key measure of population health. Using mortality data that covers the entire U.S. population and includes exact dates of birth and death, we document a robust two percent increase in male mortality immediately after age 62. The change in female mortality is smaller and imprecisely estimated. Additional analysis suggests that the increase in male mortality is connected to retirement from the labor force and associated lifestyle changes.

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Suggested Citation

Fitzpatrick, Maria Donovan and Moore, Timothy, The Mortality Effects of Retirement: Evidence from Social Security Eligibility at Age 62 (December 2017). NBER Working Paper No. w24127. Available at SSRN: https://ssrn.com/abstract=3089523

Maria Donovan Fitzpatrick (Contact Author)

Cornell University ( email )

Ithaca, NY
United States
607-255-1272 (Phone)

HOME PAGE: http://www.human.cornell.edu/bio.cfm?netid=mdf98

NBER ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Timothy Moore

University of Melbourne - Department of Economics ( email )

Melbourne, 3010
Australia

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