Tag: financial transfers
Men are from Mars. Women are from Venus. That continues to hold true in retirement. A new study that examines two aspects of this major life change – personal and financial relationships – finds that men and women use their newfound freedom in different ways. The change in men’s social lives after they retire is…
Abstract This paper examines financial transfers within families before and after the great recession. Transfers within families have historically been an important source of wealth accumulation for younger generations, but what happens to these transfers when incomes and wealth are distorted by a recession? We document patterns of financial transfers within families in the U.S…
