Long_Life_Delay_Retirement_LAT_Jan_2014 - EXPECT TO LIVE A...

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EXPECT TO LIVE A LONG LIFE? THEN YOU MAY DELAY RETIREMENT By Walter Hamilton, Los Angeles Times, January 16, 2014 Live long and prosper: People who expect to live long lives are more apt to delay retirement, according to a new study. (Cusack, Anne / Los Angeles Times / September 21, 1994) Abstract: People who expect to live into their 70s and 80s are likelier than previous generations to delay retirement, according to a new study. Full Text: Americans who think they’ll live to at least 75 are more apt to remain in the workforce compared to those in the past with shorter expected lifespans, according to the report by the Center for Retirement Research at Boston College. 1
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There is “a statistically significant relationship between an individual’s subjective life expectancy and his expectations of when he’ll retire,” according to the study. “As individuals become more optimistic about living to ages 75 or 85 … they push out their planned retirement dates and increase their expectations about working” longer in life.
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  • Spring '15
  • KevinFarmer
  • Life expectancy, Los Angeles Times, Maximum life span, Center for Retirement Research, Cusack

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