Assessing the Maintenance of Savings Sufficiency Over the First Decade of Retirement
37 Pages Posted: 10 Nov 2005
Date Written: October 2005
Abstract
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.
JEL Classification: J14, J26
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Economic Status and Health in Childhood: The Origins of the Gradient
By Anne Case, Darren H. Lubotsky, ...
-
Economic Status and Health in Childhood: The Origins of the Gradient
By Anne Case, Darren H. Lubotsky, ...
-
Health Insurance Eligibility, Utilization of Medical Care, and Child Health
By Janet Currie and Jonathan Gruber
-
Is the Impact of Health Shocks Cushioned by Socioeconomic Status? the Case of Low Birthweight
By Janet Currie and Rosemary Hyson
-
Mortality, Education, Income, and Inequality Among American Cohorts
By Angus Deaton and Christina H. Paxson
-
Health, Inequality, and Economic Development
By Angus Deaton
-
From Cradle to Grave? The Lasting Impact of Childhood Health and Circumstance
By Anne Case, Angela R. Fertig, ...
-
Socioeconomic Status and Health: Why is the Relationship Stronger for Older Children?
By Janet Currie and Mark Stabile
-
What Do Self-Reported, Objective, Measures of Health Measure?
By Michael Baker, Mark Stabile, ...