|An Analysis of Retirement Expectations: Evidence from the US Health and Retirement Survey
|Year of Publication
|Bank of Italy, Public Finance Division Research Department
|Event History/Life Cycle, Expectations, Retirement Planning and Satisfaction
Are people rational in making their retirement plans? Do they follow the prescriptions of life cycle theory in their decision of when to retire? This paper tackle these questions using data on expected and actual retirement age drawn from the 1992 and 1994 waves of the Health and Retirement Study.
Retirement behavior/expectations/life cycle theory