Smoothing the Path: Balancing Debt, Income, and Saving for the Future

The life cycle model shows that saving for the future requires people to limit consumption during their working years and save so they will have a “nest egg” to draw on during retirement. Recent changes in how people save for retirement have shifted some responsibility from firms to individuals.

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Year of publication:	2014
Authors:	Wolla, Scott A.
Published in:	Page One Economics Newsletter. - Federal Reserve Bank of St. Louis. - 2014, November, p. 1-5
Publisher:	Federal Reserve Bank of St. Louis

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Extent:	text/html application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011078622