Retirement and Health

A major question for practically every industrial economy is the extent to which its aging population can support retirement payments. One solution has been to think about increasing the retirement age or certainly removing barriers for people who wish to work into their late sixties. I have never been given a compelling case for not trying to do this in a world where older life expectancy has increased by so much. Furthermore, there is growing evidence that retiring is bad for one's health. A recent IZA paper examines this empirically - link here