Tag: Jackson National
Households approaching retirement face a wide variety of risks to their financial security. They may live longer than planned and deplete their resources; they may experience unexpectedly high inflation; or they may receive unusually poor returns on their investments. Equally consequential is the risk that households will face major expenses to cover medical and long-term…
Preserving consumption in the short-term means less resources for the future. We just released a study that introduces behavioral responses when looking at the effect of inflation on consumption and wealth of near retirees and retirees. The behavioral responses come from a new survey that explores how older households reacted to recent inflation – in…
