Responding to the downturn

Coe, Norma B., and Kelly Haverstick. “Responding to the downturn”. Issue in Brief 10-20, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, December 2010. http://hdl.handle.net/2345/bc-ir:104244.
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Abstract

The brief's key findings are: (1) Over 40 percent of respondents to a 2009 CRR survey planned no response to the financial crisis. (2) But after it was made clear that their only options are to save more, work longer, or spend less in retirement, most opted to alter saving or work plans. (3) Those who changed had greater needs in retirement, a history of high saving, and/or had not thought a lot about the downturn.

Title
Responding to the downturn: How does information change behavior?
Author
Coe, Norma B.
Haverstick, Kelly
Center
Center for Retirement Research
Genre
report
Date Issued
December 2010
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
10-20
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104244
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing retirement

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