Tag: optimal retirement saving
The brief’s key findings are: The question is whether people getting married later has any effect on retirement saving. The analysis focuses on individuals’ contributions to a 401(k) plan before and after marriage. The results show that marriage is associated with higher participation and contribution rates for both men and women. These effects are relatively…
Abstract This paper examines conflicting assessments of whether people will have adequate retirement income to maintain their pre-retirement standard of living. The studies that it examines use data from the Survey of Consumer Finances (SCF), the Health and Retirement Study (HRS), and the HRS supplement Consumption and Activities Mail Survey (CAMS). Critical components of t…
