Personal Finance

4709 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago

MODERATORS

[email protected]

Should you claim your pension early or wait? (www.mpg.de)

submitted 1 week ago by [email protected] to c/[email protected]

14 comments fedilink hide all child comments

In the U.S., the monthly payments increase the longer one works—researchers have now examined whether delaying retirement is financially worthwhile.

Earlier retirement: Researchers have analyzed data from the United States to examine whether retiring earlier is worthwhile.

Findings: The study shows that the financial risk of delaying retirement particularly affects men and low-income groups in the U.S.

Making the most of it: For sick individuals in the U.S., retiring early can help them receive some of the benefits they paid for—even if they do not have long to live.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 3 days ago

It's from a German university, could be their default translation. In Europe, I think the default adjective for a retired person is pensioner, regardless of whether or not they actually have a pension.