Beliefs and Actions: Expectations and Savings Decisions by Older Americans

TitleBeliefs and Actions: Expectations and Savings Decisions by Older Americans
Publication TypeJournal Article
Year of Publication2000
AuthorsElder, HW, Rudolph, PM
JournalFinancial Services Review
Volume9
Pagination33-45
Call Numberpubs_2000_Elder_HFinSerRev.pdf
KeywordsDemographics, Expectations, Net Worth and Assets
Abstract

This article explores the interaction of savings behavior, pension fund participation, and expectations of retirement well being. As expected from previous research, pension benefits are seen as substitutes for savings. Results also indicate that accumulated savings have a significant impact on the expected standard of living but pension plan participation does not.

Endnote Keywords

Economic Status/Expected Standard of Living in Retirement/Basic Demographics

Endnote ID

8414

Citation Key6709