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given rise to a broad policy discussion of the adequacy of household retirement wealth. We construct a uniquely … consumption throughout retirement, taking as given expected lifetimes and current Social Security benefits. We find a median …
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Is the current mix of tax preferences for employer-sponsored pensions and individual retirement saving in the U ….S. delivering the best possible retirement-preparedness across and within generations? Using data from the triennial Survey of … Consumer Finances for 1989 through 2013, cohort-based analysis of life-cycle trajectories shows that (1) overall retirement …
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long run for each additional dollar of wealth. Economic theory also suggests that consumption of leisure, like consumption … exploiting unique data on retirement expectations from the Health and Retirement Survey. Our econometric results suggest that …
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