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Assessing the maintenance of savings sufficiency over the first decade of retirement

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dc.creator Haveman, Robert
dc.creator Holden, Karen
dc.creator Wolfe, Barbara
dc.creator Romanov, Andrei
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:28Z
dc.date.available 2013-10-16T07:02:28Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19031
dc.identifier ppn:50369715X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19031
dc.description The adequacy of retirement savings is central to the U.S. debate over the effects of Social Security reform and pension changes that would place greater responsibility on individuals for accumulation of retirement resources. We contribute to this discussion by examining the extent to which individuals maintain initial levels of resources over the first decade of retirement. We compare annuitized wealth, including Social Security and pension wealth, to two consumption standards? a household?s preretirement earnings and the poverty threshold. We analyze the relationship of individual characteristics to changes in this ratio over time, including the effects of widowhood and post-retirement work.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1567
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J26
dc.subject J14
dc.subject ddc:330
dc.subject Private Rentenversicherung
dc.subject Substanzerhaltung
dc.subject Sparen
dc.subject Lebensstandard
dc.subject Alte Menschen
dc.subject Rentner
dc.subject USA
dc.title Assessing the maintenance of savings sufficiency over the first decade of retirement
dc.type doc-type:workingPaper


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