|Longitudinal Changes in Net Worth by Household Income and Demographic Characteristics for the first three waves of HRS Data
|Year of Publication
|Lahey, KE, Kim, D
|Financial Services Review
|Adult children, Income, Methodology, Net Worth and Assets
The purpose of this study is to provide an initial examination of the first three waves of HRS in terms of non-housing net worth by gender, education, race, religion, income, and age. The longitudinal data that is available for a sample of those who are nearing retirement or in retirmenet allows a picture of their financial condition to be drawn. Statistical analysis indicates that there is a difference in non-housing net worth by demographic characteristics and material status for each wave of data.
retirement adequacy/household behavior/net worth distribution/longitudinal analysis