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How Secure Are Retirement Nest Eggs?

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Author Info
Richard W. Johnson
Gordon B.T.Mermin
Cori Uccello
Abstract

Life’s uncertainties can upend the best-laid retirement plans. Health can fail as people grow older, or their spouses can become ill. Older people can lose their jobs, and often have trouble finding new ones. Marriages can end in widowhood or divorce. Health, employment, and marital shocks near retirement can have serious financial repercussions, raising out-of-pocket medical spending, reducing earnings, disrupting retirement saving, and forcing people to dip prematurely into their nest eggs...

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File URL: http://crr.bc.edu/images/stories/Briefs/ib_45.pdf
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Paper provided by Center for Retirement Research in its series Issues in Brief with number ib2006-45.

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Length: 8 pages
Date of creation: Apr 2006
Date of revision: Apr 2006
Handle: RePEc:crr:issbrf:ib2006-45

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  1. Barbara A. Butrica, 2007. "How Economic Security Changes During Retirement," Working Papers, Center for Retirement Research at Boston College wp2007-06, Center for Retirement Research, revised Feb 2007. [Downloadable!]
  2. Jonathan Skinner, 2007. "Are You Sure You're Saving Enough for Retirement?," NBER Working Papers 12981, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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This page was last updated on 2009-12-10.

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