Archive: Robert L. Siliciano
The brief’s key findings are: Studies show that retirees have tended to draw down their financial wealth very slowly. But these retirees generally had defined benefit (DB) pension plans, which pay benefits for life. Hence, this slow drawdown pattern may not hold for new retirees, who rely on 401(k)s. Indeed, the analysis finds that households…
The brief’s key findings are: The trend has been toward working longer, but further progress could run into headwinds. Will employers find older workers’ skills well suited to the jobs of the future? An initial analysis finds that jobs currently employing older workers are projected to grow relatively slowly between now and 2030. But, such a finding…
