Are retirees falling short?

Munnell, Alicia Haydock, Matthew S. Rutledge, and Anthony Webb. “Are retirees falling short?”. CRR WP 2014-16, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, November 2014. http://hdl.handle.net/2345/bc-ir:104743.
PREVIEW Datastream

Abstract

This paper examines conflicting assessments of whether people will have adequate retirement income to maintain their pre-retirement standard of living. The studies that it examines use data from the Survey of Consumer Finances (SCF), the Health and Retirement Study (HRS), and the HRS supplement Consumption and Activities Mail Survey (CAMS). Critical components of the analysis are behavioral assumptions about household consumption patterns when children leave home and when households retire. A key limitation is that the behavioral assumptions in the different studies are based on incomplete knowledge of actual household behavior.

Title
Are retirees falling short?: Reconciling the conflicting evidence
Author
Munnell, Alicia Haydock
Rutledge, Matthew S.
Webb, Anthony
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
working paper
Date Issued
November 2014
Publisher
Center for Retirement Research at Boston College
Series Title
CRR WP
Series Number
2014-16
Persistent Link
http://hdl.handle.net/2345/bc-ir:104743
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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