Workers' response to the market crash

Sass, Steven A., Courtney Monk, and Kelly Haverstick. “Workers' response to the market crash”. Issue in Brief 10-3, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, February 2010. http://hdl.handle.net/2345/bc-ir:104245.
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Abstract

The brief's key findings are: (1) In esponse to the crisis, over 40 percent expected to work longer/save more. (2) Those who were highly distressed were more likely to act. (3) After receiving "reliable" financial advice, the majority of initial "no changers" decided to work longer/save more.

Title
Workers' response to the market crash: Save more, work more?
Author
Sass, Steven A.
Monk, Courtney
Haverstick, Kelly
Center
Center for Retirement Research
Genre
report
Date Issued
February 2010
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
10-3
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104245
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
Older workers

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