given rise to a broad policy discussion of the adequacy of household retirement wealth. We construct a uniquely … comprehensive measure of wealth for households aged 51 and older in 2004 that includes expected wealth from Social Security, defined … surrounding asset returns, length of life and medical expenses, we assess the adequacy of wealth using two expected values: an …

While the Panel Study of Income Dynamics (PSID) has much to offer researchers studying household behavior, one … limitation is that its summary measure of wealth is not as broad as those of other commonly used surveys, such as the Survey of … pension data available in the PSID and shows how they can be used to create a more comprehensive picture of household finances …

This study estimates the magnitude of pension wealth and compares pension wealth to net worth for households in the … 1983 Survey of Consumer Finance (SCF). The SCF is the first data set to provide detailed information on both household … likely to be more accurate than the pension data used in previous studies. Pension wealth was estimated under two sets of …

Effects of the Great Recession varied with the household's initial wealth. Those who were in the highest wealth deciles … those falling in lower wealth deciles, they have yet to regain all the wealth they lost during the recession …Much of the decline in wealth over the 2006 to 2010 period was cushioned by wealth originating from Social Security and …