A new working paper from the National Bureau of Economic Research suggests that retiring early can lead to significant cognitive decline. Researchers from the University of California at Irvine analyzed data from 40,000 participants, finding that leaving employment correlated with decreased cognitive scores, while sustained employment maintained cognitive function. This cognitive decline not only impacts individuals but also carries substantial economic costs, estimated to be hundreds of billions of dollars annually due to lost earnings and caregiving expenses. AI
RANK_REASON The article discusses findings from a working paper and expert opinions on the economic and health impacts of early retirement, rather than reporting on a new release or significant industry event.
- David Neumark
- Gen X
- National Bureau of Economic Research
- Social Security
- Social Security Disability Insurance
- University of Michigan’s Health and Retirement Study
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