Assessing the maintenance of savings sufficiency over the first decade of retirement

Arbeitspapier

The adequacy of retirement savings is central to the U.S. debate over the effects of Social Security reform and pension changes that would place greater responsibility on individuals for accumulation of retirement resources. We contribute to this discussion by examining the extent to which individuals maintain initial levels of resources over the first decade of retirement. We compare annuitized wealth, including Social Security and pension wealth, to two consumption standards? a household's preretirement earnings and the poverty threshold. We analyze the relationship of individual characteristics to changes in this ratio over time, including the effects of widowhood and post-retirement work.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 1567

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Retirement; Retirement Policies ; Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
• Thema: Private Rentenversicherung ; Substanzerhaltung ; Sparen ; Lebensstandard ; Alte Menschen ; Rentner ; USA

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Haveman, Robert ; Holden, Karen ; Wolfe, Barbara ; Romanov, Andrei
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2005

Weitere Informationen

• Handle: http://hdl.handle.net/10419/19031
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ