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Most assessments of the adequacy of retirement resources are expressed as a comparison of preretirement income to immediate post-retirement income. Yet, among couples a substantial fraction of retirement years is eventually spent by the surviving spouse living alone. To the extent that singles...
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Housing and family are prominent aspects of old age, but how they shape the elderly's savings, spending, and inter … savings behavior of homeowners and renters, the puzzling similarities in the bequests of parents and childless individuals …
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to have mandatory pension schemes and do not compensate for the lack thereof via voluntary private savings. However …, mandatory contributions come at the cost of lower consumption and non-retirement savings during working years. This follows from …
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