but narrowed between Hispanics and (non-Hispanic) whites. When the definition of wealth is expanded to incorporate Social … Blacks, and 13.1 percent among Hispanics. As a result, while mean augmented wealth dipped only 1.2 percent among whites, it … Security and defined benefit pension wealth (both the discounted sum of future benefits), the wealth gap is sharply reduced …

In recent years, the prospect of increasing individual interest in annuitizing retirement savings has been enhanced … through an insurance product designed to provide monthly benefits only after a significant deferral period in retirement. In … modify the market for longevity annuities, it is useful to model the degree to which QLACs can improve retirement security …

Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth …Together, pensions, social security and health insurance account for half of the wealth held by all households in the … percentiles, and even for 48 percent of wealth for those in the 90th and 95th wealth percentiles. The HRS surveys households aged …

Defined benefit (DB) pensions and Social Security are two important resources for financing retirement in the United … States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent … that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions …

example, by embracing the fact that Blacks, Hispanics, and Whites acquire retirement information from different sources …We review select literature on racial and ethnic disparities in retirement outcomes and the impact of outreach on such … outcomes. First, there are significant disparities in retirement outcomes, reflecting a long history of racism and structural …

The two main savings vehicles designed for accumulating assets for retirement are individual retirement accounts (IRAs …) and employment-based retirement savings plans such as 401(k) plans. This paper examines the ownership of IRAs (in … accumulating assets for retirement, not all Americans have access to 401(k)-type plans or use either of these plans to save …

-boomers) nearing retirement, longer average lifespans, and far greater time spent in retirement. According to a recent EBRI analysis … done in collaboration with the Milbank Memorial Fund, the total annual national retirement income shortfall will grow to as … results from the national version of the Retirement Security Projection Model (reported in greater detail in the November 2003 …

retirement: How much do I need to save each year for a “successful” retirement? It begins with a brief description of EBRI …'s Retirement Security Projection Model,® followed by the specific methodology utilized in this analysis. Results are provided first … major post-retirement risks (longevity, investment, and long-term care) while allowing the participant to also choose the …