Do Parents Live It Up When Children Fly the Coop?
AbstractWith the virtual disappearance of traditional pensions, declining Social Security replacement rates, and longer life spans, the retirement landscape is shifting dramatically. Today, responsibility for a comfortable retirement rests mostly on the individual. This change has led to widespread concern about the adequacy of household's retirement savings.
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Bibliographic InfoPaper provided by Center for Retirement Research in its series Issues in Brief with number ib2010-18.
Length: 6 pages
Date of creation: Nov 2010
Date of revision: Nov 2010
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This paper has been announced in the following NEP Reports:
- NEP-AGE-2011-02-05 (Economics of Ageing)
- NEP-ALL-2011-02-05 (All new papers)
- NEP-LAB-2011-02-05 (Labour Economics)
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