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University of New Orleans

Theses/Dissertations

Adequacy

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Retirement Planning Decisions Using The 2013 Survey Of Consumer Finances, Yun Doo Lee Dec 2015

Retirement Planning Decisions Using The 2013 Survey Of Consumer Finances, Yun Doo Lee

University of New Orleans Theses and Dissertations

Abstract

This dissertation consists of two essays. The first essay analyzes financial preparation for retirement of American men and women, using the 2013 Survey of Finances. Specifically, for retirement plan, income is an important factor for men and women aged 35-45 because of their insufficient income, health (excellent) for men and women aged 46-59 because of continuing work, number of weeks worked per year for men and women aged 60-67 because they have already retired or will retire and many of them are participating in a part time job. Also, health has significantly positive effects on the share of the …