Love, David A.; Smith, Paul A.; McNair, Lucy C. - In: Review of Income and Wealth 54 (2008) 4, pp. 616-642
We examine the current wealth adequacy of older U.S. households using the 1998-2006 waves of the Health and Retirement Study (HRS). We find that the median older U.S. household is reasonably well situated, with a ratio of comprehensive net wealth to present value poverty-line wealth of about 3.9...