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We investigate the impact of a 2005 policy that provided more generous terms for delaying state pensions in the United Kingdom. First, we find that the policy reduced the fraction of males and possibly females receiving pensions at the earliest eligibility age and shortly thereafter. This shift affected cohorts who became eligible for state pensions at or after the policy change. Second, the policy is associated with increases in male and female labor supply around the earliest pension eligibility age, consistent with some individuals working longer to finance pension delay. However, further analysis suggests that these labor supply changes are more likely to reflect longer-term trends across birth cohorts rather than a causal effect of the policy. [ABSTRACT FROM AUTHOR]

This paper analyzes the effect of retirement on health behaviors using three nationally representative U.S. datasets. Findings show a decrease in drinking at the intensive margin, particularly for males. Individuals change their composition of exercise behaviors upon retirement, with varying effects of retirement depending on exercise intensity and gender. Dining patterns also change, with changes in eating out among men and more time spent on food preparation. Finally, although retirement increases time spent watching TV and movies as well as time spent sleeping, it reduces overall sedentary time. [ABSTRACT FROM AUTHOR]

The biggest financial challenge for most Americans is funding their retirement. In recent decades, working lives have not kept pace with increasing life expectancies, leading to longer retirements. (1) Longer [...]

Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While we find a weak negative correlation between stock returns and retirement intentions, further investigation suggests that this relationship is not driven by wealth shocks brought about by stock market fluctuations, but by other factors that are correlated with both the stock market and retirement intentions. (Contains 3 figures, 7 tables, and 9 footnotes.)

We use data from the Health and Retirement Study (HRS) to examine how labour supply changes around divorces that occur later in life. We find that the probability of work and hours worked increase for women, but decline for men, with evidence of an anticipation effect for men. We find weak evidence of a post-divorce decline in per-capita wealth and stronger evidence of a decline in per-capita non-own-wage income for women, but not for men. While not causal, these findings are consistent with income and possibly wealth effects driving the post-divorce increase in women's labour supply. [ABSTRACT FROM AUTHOR]