Titelaufnahme

Titel
Is rising household debt affecting retirement decisions? / Barbara A. Butrica (Urban Institute), Nadia S. Karamcheva (Congressional Budget Office and IZA) ; IZA Institute of Labor Economics
VerfasserButrica, Barbara A. ; Karamcheva, Nadia S.
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, April 2020
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (47 Seiten) : Diagramme
SerieDiscussion paper ; no. 13182
URLVolltext
URNurn:nbn:de:hbz:5:2-824919 
Zugänglichkeit
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Is rising household debt affecting retirement decisions? [0.47 mb]
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Zusammenfassung

Household debt among older Americans approaching retirement has increased dramatically over the past couple of decades. Older households have become increasingly more indebted and more leveraged. While mortgages remain the predominant type of debt among households in their 50s and 60s, in recent years, student loan debt has also risen among these households. Using household survey data to examine how late life debt affects retirement decisions, we find that more indebted older adults are more likely to work, less likely to be retired, and on average expect to work longer than those with less debt.

Nutzungshinweis
 Das Medienwerk ist im Rahmen des deutschen Urheberrechts nutzbar.