Tag: retirement savings
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…
Spouses don’t realize when they need to save for two. Every time we look at households’ preparedness for retirement, we find that two-earner couples are in the worst shape. We generally attribute their status to the fact that one-earner couples receive a Social Security spouse’s benefit equal to 50 percent of the breadwinner’s while most…
