Forecasting Retirement Needs and Retirement Wealth

TitleForecasting Retirement Needs and Retirement Wealth
Publication TypeBook
Year of Publication2000
AuthorsMitchell, OS, Hammond, PBrett, Rappaport, AM
PublisherUniversity of Pennsylvania Press
CityPhiladelphia, PA
KeywordsConsumption and Savings, Health Conditions and Status, Healthcare, Pensions, Retirement Planning and Satisfaction, Women and Minorities
Abstract

Thirteen papers draw on data from the Health and Retirement Study and from other sources to explore people's preparation for and the financial challenges of retirement in the United States. Papers discuss new paths to retirement; how prepared Americans are for retirement; projected retirement wealth and saving adequacy; individual savings and investment choices associated with 401(k) plans; factors explaining retirement savings shortfalls; women's economic well -being at the end of their work lives and the factors that appear to be associated with the poorer economic status of older women relative to older men; the prospects for widow poverty; minorities facing retirement; early retirement windows; the relationship between people's expectations about their retirement, their realizations of retirement, and the role of health shocks in this process; planning for health care needs in retirement; the evaluation of pension entitlements; social security earnings and projected benefits. Mitchell is at the Wharton School, University of Pennsylvania. Hammond is with the Teachers Insurance Annuity Association-College Retirement Equities Fund (TIAA -CREF). Rappaport is at William M. Mercer, Inc. Index.

Notes

RDA 1996-002 ProCite field 8 : eds.

Endnote Keywords

Retirement/Retirement Policies/Economics of the Elderly/401(k) participation and balances/Women/Minorities/Health Care/Health Shocks

Endnote ID

1170

Citation Key5268