Tag: single-earner couples
The brief’s key findings are: The retirement savings a household needs depends on its total earnings. For many dual-earners, only one person has a 401(k), so the question is whether the saver considers the non-saver’s earnings and chooses a higher contribution rate. The analysis shows that the 401(k) saver in a dual-earner couple does not have a…
Abstract How does informal care provision to an elderly parent affect the labor supply outcomes of a couple? Previous work examines the relationship between caregiving and the labor market decisions of the care provider, but ignores any labor supply response of the spouse to such decisions. Using data from the Health and Retirement Survey, w…