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Protecting Retirement Wealth

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  • Christian Weller

Abstract

Americans lost a lot of their wealth in the stock market crash of 2000-2001 and then the housing and market crashes of 2007-8. The author says that wealth management must be improved markedly. Too much debt and too little diversification have been the sources of a huge wealth loss for Americans.

Suggested Citation

  • Christian Weller, 2013. "Protecting Retirement Wealth," Challenge, Taylor & Francis Journals, vol. 56(4), pages 51-88.
  • Handle: RePEc:mes:challe:v:56:y:2013:i:4:p:51-88
    DOI: 10.2753/0577-5132560405
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    References listed on IDEAS

    as
    1. Martin Browning & Annamaria Lusardi, 1996. "Household Saving: Micro Theories and Micro Facts," Journal of Economic Literature, American Economic Association, vol. 34(4), pages 1797-1855, December.
    2. Christian Weller, 2009. "Credit Access, the Costs of Credit and Credit Market Discrimination," The Review of Black Political Economy, Springer;National Economic Association, vol. 36(1), pages 7-28, March.
    3. Christian Weller & Derek Douglas, 2007. "One Nation Under Debt," Challenge, Taylor & Francis Journals, vol. 50(1), pages 54-75.
    4. Friend, Irwin & Blume, Marshall E, 1975. "The Demand for Risky Assets," American Economic Review, American Economic Association, vol. 65(5), pages 900-922, December.
    5. Olivia S. Mitchell & Gary R. Mottola & Stephen P. Utkus & Takeshi Yamaguchi, 2006. "The Inattentive Participant: Portfolio Trading Behavior in 401(k) Plans," Working Papers wp115, University of Michigan, Michigan Retirement Research Center.
    6. Cass, David & Stiglitz, Joseph E., 1970. "The structure of investor preferences and asset returns, and separability in portfolio allocation: A contribution to the pure theory of mutual funds," Journal of Economic Theory, Elsevier, vol. 2(2), pages 122-160, June.
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