-quarter of total household wealth in Europe provides further corroboration for this finding. …

on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … have access only to a risk‐free asset compared to when we account for the fact that much of their wealth is stored in …

English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority … of households hold more wealth than our model suggests is optimal and that this would still be true even if housing …

States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent … that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions … and Social Security may be overstated. This paper develops an alternative, expanded wealth concept, augmenting precise net …

In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey … of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by … Sabelhaus and Volz (2020). Including this important asset, we find that racial wealth disparities are smaller than the numbers …

In this report, we present improved wealth measures for the Health and Retirement Study (HRS), which aim to reduce the … effect of observation error on wealth levels and changes in wealth. The new wealth measures take account of the asset … data reduce the standard deviations of wave-to-wave changes by substantial amounts (up to 57 percent for total wealth). The …

equalized. This article contributes to the discussion by studying the determinants of retirement wealth across a range of … ethnicities, including White, Pasifika and Asian. Differences in retirement wealth between ethnic groups is relatively unexplored … economic factors are the main determinants of retirement wealth. Gender and ethnicity are found to be a strong predictor of …

States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent … that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions … and Social Security may be overstated. This paper develops an alternative, expanded wealth concept, augmenting precise net …

inequality in retirement wealth highlighted in recent research on intergenerational justice. We discuss several policy …

from the English Longitudinal Study of Ageing, an optimal level of wealth is calculated for each household. This is … compared to the levels of wealth observed in the data. Our results show that, for those born in the 1940s, the vast majority of … households have wealth levels far greater than necessary to maintain their living standards into and through retirement. …