retirement
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Baby Boomers Are Crowding Out Millennial Scientists
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Scientific innovation has positioned the United States as the global economic leader in the 21st century. However, a 2015 Bureau of Labor Statistics report suggests a problem for the future of STEM in the U.S. The report found that after years of pushing young people to study the sciences, there is a significant…
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Spend or Save? What to Decide When Faced with Financial Emergencies
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Behavioral interventions aimed at promoting savings may lead to counterproductive consequences. Researchers find that consumers may borrow high-interest debt in favor of preserving low-interest savings. Policies encouraging savings should be coupled with efforts that promote education on appropriate spending of savings.
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A Better Old Age: How Income Can Improve Later-Life Mental Health
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Researchers show that an increase in Social Security income can significantly improve the elderly’s cognitive functions.
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Grandma Retires: How a New Grandchild Changes a Woman’s Career Choices
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A new study analyzes the effects of a new grandchild on a grandmother’s labor force participation and attempts to connect caring for grandchildren with retirement choices.
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Late Retirement Bonus: How the Government can Incentivize Working Longer
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A new study finds that individuals increase the age in which they intend to claim Social Security benefits when they are offered lump sums instead of and equal to their future benefit increases.
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