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Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …
Persistent link: https://www.econbiz.de/10012113846
The most common metric for assessing the adequacy of economic preparation for retirement is the income replacement rate …, the ratio of income after retirement to income before retirement. However both economic theory and common sense say that …, which is the measure we use. We define and estimate measures of economic preparation for retirement based on a complete …
Persistent link: https://www.econbiz.de/10012719450
Health and Retirement Study. Yet, among retirees such withdrawals can supplement regular retirement income to finance …-paying jobs that are predominantly held by those with high education. Because of the greater frequency of IRA and pension …
Persistent link: https://www.econbiz.de/10012894325
Most assessments of the adequacy of retirement resources are expressed as a comparison of preretirement income to … immediate post-retirement income. Yet, among couples a substantial fraction of retirement years is eventually spent by the … Activities Mail Survey and apply these to assessments of adequacy of retirement resources …
Persistent link: https://www.econbiz.de/10014216778
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Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …
Persistent link: https://www.econbiz.de/10012113998
unequivocally proven. Retirement is associated with a large change in a person's daily routine and environment. In this paper, the … authors propose two mechanisms how retirement may lead to cognitive decline. For many people retirement leads to a less … stimulating daily environment. In addition, the prospect of retirement reduces the incentive to engage in mentally stimulating …
Persistent link: https://www.econbiz.de/10008496195
based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement … spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement. The reduction cannot …
Persistent link: https://www.econbiz.de/10005106653
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