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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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This paper explores the relationship between education and the evolution of wealth after retirement. Asset growth … following retirement depends in part on health capital and financial capital accumulated prior to retirement, which in turn are … strongly related to educational attainment. These "initial conditions" for retirement can have a lingering effect on subsequent …
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This paper explores the relationship between education and the evolution of wealth after retirement. Asset growth … following retirement depends in part on health capital and financial capital accumulated prior to retirement, which in turn are … strongly related to educational attainment. These "initial conditions" for retirement can have a lingering effect on subsequent …
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Many analysts have considered whether households approaching retirement age have accumulated enough assets to be well … prepared for retirement. In this paper, we shift from studying household finances at the start of the retirement period, an ex … ante measure of retirement preparation, to studying the asset holdings of households in their last years of life. The …
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