Munnell, Alicia H.; Golub-Sass, Francesca N.; Varani, Andrew - Center for Retirement Research (CRR), Boston College - 2005
This paper addresses how much individuals are saving for retirement. The standard measure, the personal saving rate reported in the official U.S. National Income and Product Accounts (NIPA), has fallen dramatically and in 2004 stood at a dismal 1.8 percent of disposable personal income. But is...