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Many retirees and workers approaching retirement have limited financial resources. About half of households age 55 and older have no retirement savings (such as in a 401(k) plan or an IRA). According to GAO's analysis of the 2013 Survey of Consumer Finances, many older households without...
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standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these … of adult children to transfer income to elderly parents in the context of a large middle-income country, and we also …
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systems in Chile, Argentina, and Mexico, and presents empirical findings from Eastern and Central European transition …
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elderly in Mexico for whom family support is an important source of income. Using data from the Mexican Income and Expenditure … increases by less than their government transfers. Thus, by reducing their private support to the elderly, domestic donors are …
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elderly adults in Mexico, for whom family support is an important source of income. Using data from the National Household …-labor income of beneficiaries increases by less than their government transfers. Thus, by reducing their private support to elderly …
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