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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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exploiting unique data on retirement expectations from the Health and Retirement Survey. Our econometric results suggest that …
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Although households have invested billions in 401(k) accounts, these balances may not be new saving if workers invest money that they would have saved in the program's absence. In this paper, I assess the effect of the 401(k) program on saving by comparing changes in the wealth of 401(k)...
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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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