Tag: family income
Abstract This paper examines the importance of annuity-like income as a share of total money income received by aged families. The analysis considers the aged (62+) population as a whole as well as different parts of the aged families’ income distribution during the period from the early 1980s through 2009. We use survey data from…
Abstract The aim of this paper is to compare baby boomer retirees with previous generations on their overall level, distribution, and composition of family income and on the adequacy of this income in maintaining their economic well- being in retirement. To do this we use projections of retirement income from the Social Security Administration’s Modeling…
