Centro de Documentación de Fundación MAPFRE - Income trajectories in later life : longitudinal evidence from the health and retirement study

Notes: Sumario: We track low-income respondents in the longitudinal Health and Retirement Study for 23 years, to observe how their financial situations unfolded as they aged. We document that (a) real incomes remained relatively stable as individuals entered retirement and progressed through their later years; and (b) labor force participation declined and thus earnings became less important with age, while Social Security and retirement savings rose as a proportion of annual income. Low-income people near retirement also tended to fare poorly during retirement.

Related records: En: The Journal of the economics of ageing . - Oxford : Elsevier ScienceDirect, 2021-. - 06/06/2022 Volumen 22 - 2022 , 17 p.Materia / lugar / evento: Envejecimiento Jubilación Educación financiera Otros autores: Clark, Robert L.
Lusardi, Annamaria
Other categories: 931.2

Rights: In Copyright (InC)

‌ See issue detail