Tag: retirement lifestyle
The brief’s key findings are: The conventional view is that retirees prefer steady consumption as they age, but research focusing on new retirees tends to show a sharp drop right at retirement. This study looks at consumption over longer periods and explores whether wealth and health constraints might cause retirees to consume less than they…
Last year, millions of older Americans went into hiding to protect themselves from the ravages of COVID-19. Did the isolation take a psychological toll? How did they respond to infrequent contact with friends and family? Researchers in a recent webinar tried to understand the unique phenomenon of loneliness in a modern pandemic. What we know…