The Adequacy of Household Saving
AbstractDURING THE PAST half century, retirement income security in the United States has been based on a combination of social security, employer sponsored pensions, and households’ own saving. Social security was intended to provide a retirement income base. Pensions generated additional retirement income. Households’ own saving supplemented these sources. In many ways this combination has served retirees well, but recent and impending developments have raised concerns about the adequacy of households’ preparations for retirement.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 56442.
Date of creation: 1999
Date of revision:
Publication status: Published in Brookings Papers on Economic Activity 2.1999(1999): pp. 65-187
saving; retirement; social security; pension;
Find related papers by JEL classification:
- D1 - Microeconomics - - Household Behavior
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
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