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to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure … higher‐return tax‐advantaged private pensions and in housing. Second, we find that only the most patient households achieve …
Persistent link: https://www.econbiz.de/10012213993
used to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure … higher-return tax-advantaged private pensions and in housing. Second we find that only the most patient households achieve the …
Persistent link: https://www.econbiz.de/10012834780
Persistent link: https://www.econbiz.de/10011875583
Persistent link: https://www.econbiz.de/10014574363
to 70) that made IRA withdrawals spent most of it, while for those between 71 and 80 there was some increase in savings …
Persistent link: https://www.econbiz.de/10013081289
This paper explores (1) whether plan demographic characteristics would affect individual participant contribution rates and target-date fund investments and (2) equity glide paths for participants in relation to plan demographics by considering target replacement income and its success rate....
Persistent link: https://www.econbiz.de/10013159106
This paper revisits the debate on whether the expansion of the tax-favored saving accounts stimulates savings and helps … generations and find that the policy can have a strong impact on savings, raising the capital stock and output of the economy. The … policy effectively reduces the cost of incremental savings at different points of life-cycle when households would otherwise …
Persistent link: https://www.econbiz.de/10012718343
In the wake of the financial crisis and continued volatility in international capital markets, there is growing interest in mechanisms that can protect people against retirement account volatility. This paper explores the consequences for savers’ wellbeing of implementing market-based...
Persistent link: https://www.econbiz.de/10012113765
Individual account retirement plans, such as 401(k) plans and individual retirement accounts (IRAs), have grown to be the predominant source of retirement assets for private-sector workers, and are becoming increasingly important for public-sector workers as well. Tracking the percentage of...
Persistent link: https://www.econbiz.de/10014176386
from three Australian retirement savings funds. Available US and UK evidence is somewhat mixed on both the measures that …
Persistent link: https://www.econbiz.de/10013094555