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Debt And Negative Net Worth Among Near Retirees, Susan M. Brown
Debt And Negative Net Worth Among Near Retirees, Susan M. Brown
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
Going into retirement, near-retirees are looking at increased debt levels, which can offset any asset accumulations and reduce retirement income. By using data from the 2008 Health and Retirement Study (HRS), this study examines the debt and negative net worth of near-retirees. This study further investigates what factors are associated with the likelihood of holding consumer debt, holding mortgage debt, and holding home equity debt over holding no debt, and what factors are associated with the likelihood of holding negative net worth over holding a high level of net worth among near-retirees. The study sample includes 3,745 individuals between the …