TY - RPRT T1 - Probabilistic Thinking and Early Social Security Claiming Y1 - 2006 A1 - Delavande, Adeline A1 - Michael M. Perry A1 - Robert J. Willis KW - Methodology KW - Retirement Planning and Satisfaction KW - Social Security AB - This study analyzes the extent to which an individual.s survival expectations influence his or her decision to claim social security benefits at an early age. We find that subjective survival probabilities capture meaningful behavioral responses to incentives for early Social Security claiming when they are purged of measurement error using risk factors as instruments. Among people who are still working at age 62, those who expect to live longer are likely to delay claiming of Social Security benefits to a degree that is both statistically and economically significant. PB - The University of Michigan, Michigan Retirement Research Center UR - http://www.mrrc.isr.umich.edu/publications/papers/ U4 - Probability/Social Security benefit claiming/Early Retirement ER - TY - CHAP T1 - Pension and Social Security Wealth in the Health and Retirement Study T2 - Wealth, Work and Health: Innovations in Measurement in the Social Sciences Y1 - 1999 A1 - Alan L Gustman A1 - Olivia S. Mitchell A1 - Andrew A. Samwick A1 - Thomas L. Steinmeier ED - James P Smith ED - Robert J. Willis KW - Net Worth and Assets KW - Pensions KW - Social Security AB - This study attempts to understand the impact of pension and social security wealth on decisions made by people of retirement age. Their in-depth analysis of the Health and Retirement Study gives many interesting findings. Of those people participating in the Health and Retirement Study, more then half of the wealth is in the form of social security, pensions, and health insurance. Various topics are explored in this paper. JF - Wealth, Work and Health: Innovations in Measurement in the Social Sciences PB - University of Michigan Press CY - Ann Arbor, MI N1 - RDA 1996-005; Revision of Pension Research Council Working Paper PRC WP 97-3 ProCite field 8 : eds. U4 - Pensions/Social Security/Wealth JO - Pension and Social Security Wealth in the Health and Retirement Study ER -