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annuity income is greater than twice the poverty line - a common proxy for basic income needs. I then calculate the potential … above twice the poverty line to those retirees with annuity income below twice the poverty line. Both groups of retirees … retirees with annuity income below twice the poverty line did not build up sufficient wealth to compensate for the rising …
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-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …
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