You can't take it with you: asset run-down at the end of the life cycle

This article presents evidence on the extent to which households run down their assets after retirement. The authors show that, once corrections are made for several econometric problems, households engage in very little asset decumulation after retirement.

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Year of publication:	2004
Authors:	Anderson, Katharine ; French, Eric ; Lam, Tina
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 2004, Q III, v. 28, no. 3, p. 40-54
Publisher:	Federal Reserve Bank of Chicago
Subject:	Retirement \| Income \| Wealth

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

Persistent link: https://www.econbiz.de/10005373229