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A key weakness of many retirement income models is that they use average estimates for life expectancy, and …, consequently, provide workers with only a 50 percent chance of having adequate income in retirement. The Employee Benefit Research … wide range of data in order to produce a far more inclusive and refined projection of likely retirement income. In …
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heterogeneity. Our model allows for four main social insurance programmes. In contrast to simpler models that attribute all income … ; precautionary savings …
Persistent link: https://www.econbiz.de/10003755963
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heterogeneity. Our model allows for four main social insurance programmes. In contrast to simpler models that attribute all income … ; precautionary savings …
Persistent link: https://www.econbiz.de/10003817505
heterogeneity. Our model allows for four main social insurance programmes. In contrast to simpler models that attribute all income …
Persistent link: https://www.econbiz.de/10013324971
income and financial position of the German baby-boomers and offers an outlook on their expected social security income. It … turns out that the actual income and financial situation of the German baby-boomers is relatively good: despite having … different cohorts at the same age. Moreover their average and median financial wealth is higher than for earlier birth cohort …
Persistent link: https://www.econbiz.de/10013100300
the rising trends in wealth-to-income ratios, housing wealth, and wealth inequality, that have been documented in most …
Persistent link: https://www.econbiz.de/10012937134
We provide a common set of life-cycle earnings statistics using administrative data from the United States, Canada, Denmark and Sweden. Three qualitative patterns are common across countries: (1) the earnings distribution above the median fans out with age, (2) the extreme right tail of the...
Persistent link: https://www.econbiz.de/10011697392
effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household …
Persistent link: https://www.econbiz.de/10012206687