December 21, 2017
People who retire early die sooner than those who keep working past 65, a new study by Cornell University released on December 19 reveals. Indeed, men have a 20% higher mortality risk, if they start claiming Social Security benefits at 62, or three years before retirement age, the researchers found.
U.S. Census figures reveal a clear correlation between premature death and premature retirement, according to an analysis by two university researchers. While this could be down to the fact that many are forced to take early retirement due to underlying health conditions, the researchers warn we cannot be certain of that theory.
The research conducted by economists Maria Fitzpatrick and Timothy Moore, and covered by The Daily Mail UK, involved the review of comprehensive birth and death records for the entire U.S. population.
They found that fully 33% of Americans start taking Social Security benefits at 62, which is deemed early retirement for most employees.
Interestingly enough, for those whose retirement technically started at 62 or earlier, retiring at 62 had no impact on their health. However, they found that those who retired early at 62 had a significantly higher mortality rate than workers who retired on time.
They concluded that early retirement ‘may have an immediate, negative impact’ on health.
What’s more, this is far from the first study to find this correlation. Last year, researchers at Oregon State University found that those who work past age 65 could add more years to their life.
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