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Social and Behavioral Sciences Commons™
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Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
2022-13 Savings After Retirement, Eric French, John Bailey Jones, Rory Mcgee
2022-13 Savings After Retirement, Eric French, John Bailey Jones, Rory Mcgee
Department of Economics Research Reports
Abstract: Retired households, especially those with high lifetime income, decumulate their wealth very slowly, and many die leaving large estates. The three leading explanations for the ‘retirement savings puzzle” are the desire to insure against uncertain lifespans and medical expenses, the desire to leave bequests to one’s heirs, and the desire to remain in one’s own home. We discuss the empirical strategies used to differentiate these motivations, most of which go beyond wealth to exploit additional features of the data. The literature suggests that all the motivations are present, but has yet to reach a consensus about their relative importance
2010-2 Private Pensions, Retirement Wealth And Lifetime Earnings, James C. Macgee, Jie Zhou
2010-2 Private Pensions, Retirement Wealth And Lifetime Earnings, James C. Macgee, Jie Zhou
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.