| What Makes Retirees Happy? |
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IB#28 IntroductionEconomic well-being in retirement has been of increasing interest for economic researchers. The policy implications are large. As the baby boom generation nears retirement, understanding the factors that determine economic well-being enables policymakers to evaluate and possibly reform present retirement institutions, such as public and private pension programs. Of particular interest in this field has been the focus on retirement income adequacy, that is, the financial resources retirees need to be above some minimal level... For full paper in PDF Keith A. Bender is an assistant professor in the Department of Economics and Graduate Program in Human Resources and Labor Relations at the University of Wisconsin-Milwaukee. Natalia A. Jivan is a graduate research assistant at the Center for Retirement Research at Boston College. This brief is adapted from a longer paper by Keith Bender entitled “The Well-Being of Retirees: Evidence Using Subjective Data” that is available here.
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