Volume 13, Issue 4 - November 2013
Did You Know?
- Among people ages 65 to 74, almost half had mortgages or other loans on their primary residences, and more than a third held credit card debt according to the forthcoming paper, Debt and Debt Management among Older Adults, by Olivia S. Mitchell and Annamaria Lusardi.
- Individuals with higher levels of conscientiousness are more likely to be economically prepared for retirement, because of greater earnings and high saving, according to Personality Traits and Economic Preparation for Retirement, by Michael Hurd, Angela Lee Duckworth, Susann Rohwedder, and David Weir.
- Persons with mental illness who have been denied DI or SSI benefits are worse off than those rejected applicants not reporting any mental illness on nearly every measure of well-being, according to Estimates of the Potential Insurance Value of Disability Insurance for Individuals with Mental Health Impairments, by John Bound, Kyle J. Caswell, and Timothy A. Waidmann.