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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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Paper provided by Wharton School Pension Research Council, University of Pennsylvania in its series Pension Research Council Working Papers with number 97-8.

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Publication status: Published in Journal of Risk and Insurance, 65(3) December 1998: 371-400.
Handle: RePEc:wop:pennpr:97-8
Contact details of provider: Postal: The Wharton School, 3641 Locust Walk, 304 CPC, Philadelphia, PA 19104-6218
Phone: 215-898-7620
Fax: 215-898-0310
Web page: http://www.pensionresearchcouncil.org/
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