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Patterns Of Dissaving Among U.S. Elders, Deborah Gray

Graduate Doctoral Dissertations

This paper examined patterns of decumulation and the role that health events and marital disruption play in forming those patterns. Study data were drawn from six biennial waves of the HRS (1998 - 2008), and merged RAND HRS data files for the period 1998 - 2008. The a priori expectation was that there will be variation in drawdown strategies households employ.

Findings suggest that patterns of dissaving are heterogeneous. The five most prevalent patterns were discussed. Households predominantly transitioned between oversaving and overspending. Households are expected to have a goal of on target spending therefore the observed cycle's dissaving will …

The Effects Of Childbearing Patterns On The Timing Of Retirement, Hsiao-Yin Chung

Graduate Doctoral Dissertations

The effects of childbearing patterns on the timing of men's and women's retirement were examined. The data for this study come from the Health and Retirement Study, waves 1-7: 1992, 1994, 1996, 1998, 2000, 2002, and 2004. A proportional hazard model (Cox regression) was chosen for this study. Two measures of retirement were considered: labor force exit and self-defined retirement. The results indicated that men with dependent children are more likely to postpone the timing of labor force exit and their self-definition as retired. At the same time, the study indicated that the presence (or absence) and timing of early …