Saturday, August 31, 2013
According to a recent study by the Tinbergen Institute of VU University Amsterdam, male civil servants who retire earlier significantly decrease the probability of dying within the next five years.
Researchers based their findings on a one-time policy decision which allowed certain Dutch civil servants to retire at age 55 instead of the typical retirement age in the early 60s.
Although retiring earlier could make people healthier, early retirement poses a longevity risk to pension funds as well as the risk of dementia, which a recent French study shows to decline the longer a person works.
See Elizabeth O’Brien, Study: Early Retirees Less Likely to Die, Market Watch, Aug. 23, 2013.