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retirement: How much do I need to save each year for a “successful” retirement? It begins with a brief description of EBRI …'s Retirement Security Projection Model,® followed by the specific methodology utilized in this analysis. Results are provided first … major post-retirement risks (longevity, investment, and long-term care) while allowing the participant to also choose the …
Persistent link: https://www.econbiz.de/10013025192
retirement accounts on retirement income adequacy for Baby Boomers and Gen Xers in the United States. This paper summarizes that …’s modeling shows a substantial improvement in the probability of attaining a financially successful retirement if workers are … 401(k) plan are simulated to have sufficient 401(k) accumulations that, combined with Social Security retirement benefits …
Persistent link: https://www.econbiz.de/10014037705
A simulation approach is used to investigate how various investment strategies affect the ability of retirees to spend at a desired level up until death. Retirees are assumed to maintain all investment and longevity risk, and also have access to a government-sponsored and means tested Age...
Persistent link: https://www.econbiz.de/10013089037
hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the … for the present century, where birth and mortality rates in most western countries are steeply declining. …
Persistent link: https://www.econbiz.de/10012160984
hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the … for the present century, where birth and mortality rates in most western countries are steeply declining. …
Persistent link: https://www.econbiz.de/10012154725
is relevant for the present century, where birth and mortality rates in most western countries are steeply declining. …
Persistent link: https://www.econbiz.de/10011870742
Retirement income security refers to the ability of households to provide an adequate stream of income during the … period of their retirement from the labor force. Expected retirement income is based of four components: (i) standard non … that both Black and Hispanic households made remarkable progress in terms of mean and median retirement income, poverty …
Persistent link: https://www.econbiz.de/10014337766
, when the death occurs prior to retirement. While in most countries this accumulated capital (called survivor dividend, SD … assumptions (constant or according to Lee-Carter mortality improvements) to calculate the maximum mortality decrease a scheme can …
Persistent link: https://www.econbiz.de/10013004273
This paper investigates retirees’ optimal purchases of fixed and variable longevity income annuities using their defined contribution (DC) plan assets and given their expected Social Security benefits. As an alternative, we also evaluate using plan assets to boost Social Security benefits...
Persistent link: https://www.econbiz.de/10014255003
This paper looks at one slice of the income pie of the older population: retirement annuities and employment … early retirement options available to individuals beginning at age 50. Recent data from the March 2009 Current Population … demographic variables have a significant impact on the likelihood of a worker receiving a retirement annuity and/or employment …
Persistent link: https://www.econbiz.de/10014195431