Tag: retirees
Abstract Recent research by Bee and Mitchell (2017) has refocused attention on the fact that the Current Population Survey (CPS) underestimates retirement income. In the wake of this study, some observers have questioned whether other surveys more frequently used by retirement researchers also understate retirement income and, if so, whether prior research suggesting that many…
Costs are lower than an annuity and you just need to stay alive to claim. We have a new brief on “tontines.” People get quite excited about this topic, so it’s good to know what they are talking about. A big challenge facing retirees is how to draw down their nest egg in retirement. T…
