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Financial advisors commonly use earnings replacement rates to assist workers in their retirement planning. Policymakers and analysts use them to gauge the adequacy of Social Security benefits and other retirement income in allowing retirees to maintain pre-retirement living standards. In recent...
Persistent link: https://www.econbiz.de/10014439136
In the official models for projections and policy analysis (used by the Treasury, the Social Security and Medicare Trustees, and the Congressional Budget Office (CBO)), many key variables are assumed as a continuation of past trends. By contrast, in our model, these variables are simultaneously...
Persistent link: https://www.econbiz.de/10014439120
In the official models for projections and policy analysis used by the Treasury and the Social Security and Medicare Trustees, many key variables are assumed as a continuation of past trends. Even the Congressional Budget Office (CBO), with more sophisticated models, makes certain simplifying...
Persistent link: https://www.econbiz.de/10015394120