given rise to a broad policy discussion of the adequacy of household retirement wealth. We construct a uniquely … benefit pensions, life insurance, annuities, welfare payments, and future labor earnings. Abstracting from the uncertainty … consumption throughout retirement, taking as given expected lifetimes and current Social Security benefits. We find a median …

Many firms that sponsor traditional defined benefit pensions have converted their plans to cash balance plans in the …

, the SCF data show that including pensions and Social Security in net worth makes the distribution more even. The analysis …

Some retirement plans allow the participant to choose how funds are invested. Having to direct investments may provide … chooses investments are significantly more apt to hold stock outside of their retirement plan than are households with pension …

Because employer-provided pensions represent an important source of income during retirement, accurate information on … pension coverage would seem to be crucial for making sound decisions on retirement timing, saving, and portfolio allocation …