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The fraction of the population over age sixty-five in many developed countries is projected to rise, in some cases sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of individuals as they age. Many individuals are retiring from paid...
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NBER Bulletin on Aging and Health by email. How households draw down the balances that they accumulate in retirement saving … accounts such as 401(k) plans and Individual Retirement Accounts can have an important effect on the contribution of these … accounts to retirement income security. This paper presents evidence on the pattern of withdrawals at different ages. We find a …
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Over the past two and a half decades there has been a fundamental change in saving for retirement in the United States … growth of assets in self-directed personal retirement plans. We project the 401(k) assets at age 65 for cohorts attaining age … decades will have accumulated much greater retirement saving (in real dollars) than the retirement saving of current retirees. …
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needs of older Americans. In the past twenty five years, however, there has been a dramatic change in private retirement … saving. Personal retirement accounts have replaced defined benefit pension plans as the primary means of retirement saving …. It is important to understand how this change will affect the wealth of future retirees. The personal retirement account …
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needs of older Americans. In the past twenty five years, however, there has been a dramatic change in private retirement … saving. Personal retirement accounts have replaced defined benefit pension plans as the primary means of retirement saving …. It is important to understand how this change will affect the wealth of future retirees. The personal retirement account …
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