Physicological implications of dating a younger man
In addition, the number of workers who participate in an employer-sponsored defined benefit pension plan has decreased over the past two-to-three decades (Buessing and Soto 2006).Individuals consequently may be left financially unprepared for retirement, leading them to rely heavily on Social Security benefits.On the other hand, retirees who will receive a pension and/or who have personally saved for retirement may not need to claim Social Security benefits immediately upon exiting the workforce because other sources of income can fund their retirement, at least for some time.
The majority of research about the retirement decision has explored the impact of health (for example, Not surprisingly, research has indicated that individuals in poor health, or whose loved ones are suffering from negative health conditions, retire earlier than those in better health (Mc Garry 2002).
Second, retiring may refer to claiming Social Security benefits.
For many retirees, those two events likely are one and the same, but those events do not always temporally coincide—individuals may claim benefits while continuing to work or they may stop working without claiming benefits.
The findings and conclusions presented in the Bulletin are those of the authors and do not necessarily represent the views of the Social Security Administration.
Deciding when to retire may be one of the most important decisions an individual makes during his or her lifetime.Retirement trends have indicated that many individuals do, in fact, claim Social Security benefits at the .