This paper uses asset and labor market data from the Health and Retirement Study (HRS) to investigate how the recent … "Great Recession" has affected the wealth and retirement of those in the population who were just approaching retirement age … at the beginning of the recession, a potentially vulnerable segment of the working age population. The retirement wealth …

derive the optimal retirement portfolio from a menu that includes payout annuities as well as an investment allocation and a … allocation, when fixed as of retirement, is then compared to phased withdrawal strategies such a "self-annuitization" plan or the …

. One way older persons might respond to inadequate savings would be to extend their worklives by delaying retirement. This … paper examines evidence on this matter using the Health and Retirement Study, a nationally representative panel survey of … people age 51-61 in 1992 followed for several years in a panel. We use the data to project household retirement assets and to …

How might retirees consider deploying the retirement assets accumulated in a defined contribution pension plan? One …

This paper evaluates potential responses to reductions in early Social Security retirement benefits. Using the Health … and Retirement Study (HRS) linked to administrative records, we find that Social Security coverage is quite uneven in the … early appear quite similar initially to those who later filed for normal retirement benefits, but both groups were healthier …

approaching their retirement, the average person approaching retirement age is not likely to suffer a life changing financial loss … been greatly exaggerated. If there is any postponement of retirement due to stock market losses, on average it will be a … background information that corrects misperceptions about pension holdings of the retirement age population. Pension coverage is …

using a realistic and empirically-based life-cycle model of retirement behavior under uncertainty. We investigate the … individual’s retirement and savings decisions under incomplete information and unawareness, in which a portion of the population …

plans, employees’ understanding of the link between their annual contribution decisions and their post-retirement wealth is … becoming increasingly important. We examine the extent to which wage-earners in the Health and Retirement Study correctly …

Most assessments of the adequacy of retirement resources are expressed as a comparison of preretirement income to … immediate post-retirement income. Yet, among couples a substantial fraction of retirement years is eventually spent by the … Activities Mail Survey and apply these to assessments of adequacy of retirement resources …