Hi Ho, Hi Ho, It’s Off to…
For a given level of mortality, we find employment rates of older men vary substantially through time and across countries. At each mortality rate in 2007, if men in France worked as much as men in the United States, they would work 4.6 years more over ages 55 to 69 than they actually did. Comparing the work and mortality of American men in 2007 to the base year of 1977, the same calculation yields 3.7 years more work. These findings suggest a large increase in the health capacity to work, as measured by mortality. The relationship between cross-country mortality and changes in work over time at older ages is weak, suggesting the take-up of this extra capacity to work has varied. However, the dispersion in employment given mortality is strongly influenced by the retirement incentives inherent in public pension programs.
Source: NBER Working Paper.
Researchers have found a link between longevity and working after retirement age. It appears to be somewhat causal (i.e. people don’t merely stop working because they’re too sick to work; rather, working after retirement age appears to prolong life).
We’ve all heard someone described as living to work. In the future, we might describe them as working to live.
Working after retirement age prolonging longevity? Sounds good to me. Why not allow retired folks to work more and collect their retirement, or at least some of it? Wouldn’t that only add to the economy?
The psychological benefits of working, particularly at a job you enjoy, are not to be discounted.
The launching of Cake Health must have chelgenlad Simplee’s capability to handle billing processes. Cake Health is another Mint-like platform for healthcare bills that will help patients understand their medical bills and simplify the process of paying for them. Currently, Cake Health is testing the waters in the market for its viability as well as fine tuning its features to help users efficiently in managing its bills i.e. insurance statements, medical and dental bills and pertinent information of medical practitioners who have rendered their services.