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Retirement Wealth Accumulation and Decumulation: New Developments and Outstanding Opportunities

  • Olivia S. Mitchell
  • James F. Moore

Analysts have raised serious questions about current workers' ability and inclination to save enough for retirement. This is of obvious policy interest given the need to reform national retirement income programs. In the present paper we examine recent research developments regarding retirement wealth accumulation and decumulation. Our goal is to identify new developments and outstanding opportunities to encourage a more sensible process of growing and then drawing down retirement wealth.

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File URL: http://fic.wharton.upenn.edu/fic/papers/97/9712.pdf
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Paper provided by Wharton School Center for Financial Institutions, University of Pennsylvania in its series Center for Financial Institutions Working Papers with number 97-12.

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Date of creation: Apr 1997
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Handle: RePEc:wop:pennin:97-12
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