Brief Measuring Replacement Rates at Retirement
C. Eugene Steuerle, Christopher Spiro, Adam Carasso
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Replacement rates at time of retirementthe fraction of previous wages that initial Social Security benefits replacemay be much higher than has been traditionally measured. If this is true, policymakers are aiming for the wrong target and unwittingly inducing people to retire earlier than they otherwise would.
Research Areas Aging and retirement
Tags Social Security Pensions