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We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as …
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Low saving rates raise questions about Americans' ability to maintain consumption levels in old age. Using the Health …
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We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as …
Persistent link: https://www.econbiz.de/10013218049
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We analyze debt and debt management of Americans nearing retirement age. We show that older people have numerous financial obligations that can lead to financial distress. Using data from the 2015 National Financial Capability Study and an extensive literature review, we show that lack of...
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