the gap is generally below $10,000. Various decomposition results indicate that the age of the major income recipient (and … of the spouse for married families) as well as factors affecting permanent income explain a significant portion of the … distribution, however, the wealth gap cannot be explained by the age of the major income recipient, permanent income factors, or …

Discussions of pension adequacy for elderly Canadians have used the rate at which income falls with age; the income … replacement rate or the ratio of post-retirement income to pre-retirement income. Use of income streams to assess post … example, work-related expenses) can be expected to fall after retirement, a declining income stream does not necessarily …