Description: This report provides background on U.S. trends in the timing of retirement, the claiming of benefits behavior, including discussion of labor force participation trends, the timing of commencement of Social Security, phased retirement alternatives, work as part of retirement, and the effects of retirement plan participation on these decisions. This study evaluates several of the more common retirement timing and claiming strategies using a retirement simulation model that incorporates investment, inflation, health and long-term care risks. Results of these simulations provide insight into the comparative risk exposures and costs of various retirement timing and claiming strategies for typical retiree households.

Description: Presented at Living to 100 and Beyond symposium in January 2002. Discusses the impact of longer life spans on families, business, society, and programs to help support the elderly.

Description: An essay received in response to the Committee on Post Retirement Needs and Risks Call for Essays exploring ideas and thoughts on working in retirement and phased retirement programs.

Description: Summary/Project at a Glance of Challenges and Strategies for Financing an Increasingly Long Life

Description: One of the significant changes for Baby Boomers approaching retirement has been the increased responsibility placed on individuals to make more decisions and take additional personal responsibility for their retirement planning. At the 2008 Society of Actuaries Annual Meeting, the authors presented a session focused on key decisions that individuals must make as they plan for retirement. This article summarizes the presentation at that session from two perspectives: that of an actuary, and that of a financial planner/wealth manager.

Description: The abstract for the paper Impact of Aging Populations, Part 2 - High Age Implications of Post-Retirement Risks

Description: This report focuses on measuring retirement benefit adequacy in light of both expected and unexpected expenses in retirement and linking the measurement to the needs and objectives of different stakeholder groups.

Description: Report highlighting SOA research on retirement risks of people age 85 and over.

Description: This April 2008 webcast, titled 'Understanding Changes During Retirement: Results of Two Studies' discussed the Society of Actuaries' 2007 Risks and Process of Retirement Survey and the Urban Institutes' Study on how older Americans spend their time. Additional references on 'What People Do' and other data sources are provided.

Description: This research report summarizes current research on retirement adequacy and compares different measures.