As the baby boomers begin to retire, a great deal remains unknown about the evolution of wealth toward the end of life … annuitized assets into an expected annual amount of wealth per person. We use this measure, which we call annualized … comprehensive wealth, to investigate spend-down behavior among older households in the Health and Retirement Study. Our analysis …

We use Norwegian administrative panel data on wealth and income between 1993 and 2015 to study lifecycle wealth … capital gains, and save at higher rates. At age 50, the excess wealth of the top 0.1% group relative to mid-wealth households … is accounted for in about equal terms by higher saving rates (34%), higher initial wealth (32%), and higher returns (27 …

Several models of economic behavior currently compete for an explanation of individual wealth accumulation and savings …, during which time expected earnings are zero. We find that income uncertainty can alter savings patterns over the lifecycle … significantly, with the greatest influence on the wealth of young individuals. However, its influence on the aggregate stock of …

Several models of economic behavior currently compete for an explanation of individual wealth accumulation and savings …, during which time expected earnings are zero. We find that income uncertainty can alter savings patterns over the lifecycle … significantly, with the greatest influence on the wealth of young individuals. However, its influence on the aggregate stock of …

institutional differences for wealth accumulation and portfolio composition. Examples of implications are that the ratio of net … worth and gross wealth should be highest in Italy, that Dutch households should hold the lowest wealth levels at retirement …

savings system. The model is motivated by the empirical finding that active stock market participation is associated with a … agents' wealth accumulation, increasing wealth inequality …