Mature man is hired to handle outreach to senior adults

Retirement Security and the Stock Market Crash: What Are the Possible Outcomes?

Working Paper by Barbara A. Butrica, Karen E. Smith, and Eric Toder

November 29, 2009

Abstract This paper simulates the impact of the 2008 stock market crash on future retirement savings under alternative scenarios. If stocks remain depressed as after the 1974 crash, 20 percent of pre-boomers born 1941-45 and 22 percent of late boomers born 1961-65 would see their retirement incomes drop 10 percent or more. Working another year…

Social Security Card: Senior woman holding card in hand on white background

Employment, Social Security, and Future Retirement Outcomes for Single Mothers

Working Paper by Richard W. Johnson, Melissa M. Favreault, and Joshua H. Goldwyn

July 1, 2003

Abstract Employment rates for single mothers with dependent children have risen steadily in recent years, due in part to welfare reform and expansions in the Earned Income Tax Credit. This paper examines this recent increase and analyzes the implications for future retirement security. The results show that increases in employment and earnings for single mothers…