Love, David A.; Smith, Paul A.; McNair, Lucy C. - 2007
baby
boomers,2 studies of older cohorts,3 calculations of expected income-replacement rates,4 and
comparisons of observed … studies comparing replacement
rates tend to find evidence of significant undersaving, while many of the others conclude
that … workers, future wages and other compensation. These present-value sources of
wealth are often excluded from studies of …