Mandatory retirement savings may lead to earlier retirements, study finds.
The study shows that making people save money for retirement can actually lead them to retire earlier than they would have otherwise. This is because having more retirement savings can make people feel like they can afford to retire sooner. The researchers looked at data from Swiss pension funds and found that as people accumulated more retirement savings, they tended to retire earlier. This suggests that the affordability of retirement plays a big role in when people choose to stop working.