The effects of subjective survival on retirement and social security claiming
The effects of subjective survival on retirement and social security claiming
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DOI：
10.1002/jae.752
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发表时间：
2004-01-01
影响因子：
2.1
通讯作者：
Zissimopoulos, JM
中科院分区：
文献类型：
--
作者：
Hurd, MD;Smith, JP;Zissimopoulos, JM
根据生命周期模型，死亡风险将影响退休和年化财富的愿望。我们估计主观生存概率对退休和申领社会保障福利的影响，因为延迟申领相当于购买额外的社会保障年金。我们发现，主观生存概率非常低的人比主观概率更高的人退休更早，索赔更早，但影响并不大。绝大多数工人一有资格就会提出索赔。版权所有(C)2004 John Wiley Sons，Ltd.
According to the life-cycle model, mortality risk will influence both retirement and the desire to annuitize wealth. We estimate the effect of subjective survival probabilities on retirement and on the claiming of Social Security benefits because delayed claiming is equivalent to the purchase of additional Social Security annuities. We find that those with very low subjective probabilities of survival retire earlier and claim earlier than those with higher subjective probabilities, but the effects are not large. The great majority of workers claim as soon as they are eligible. Copyright (C) 2004 John Wiley Sons, Ltd.