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The Tradeoff Between Health and Wealth in Retirement Decisions (PDF)
Center for Retirement Research at Boston College May 22, 2014 "This paper uses administrative data from the California Department of Education to estimate the rate at which individuals' trade off post-retirement health insurance benefits for a longer retirement and for retirement income benefits.... The results imply that individuals will delay retirement to become eligible for retiree health benefits, but that the effect is small relative to the effect of pension benefits on retirement timing." |
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