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Income trajectories in later life : longitudinal evidence from the health and retirement study

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      <subfield code="a">Mitchell, Olivia S.</subfield>
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      <subfield code="a">Income trajectories in later life</subfield>
      <subfield code="b">: longitudinal evidence from the health and retirement study</subfield>
      <subfield code="c">Olivia S.Mitchell, Robert L.Clark, Annamaria Lusardi</subfield>
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      <subfield code="a">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.

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      <subfield code="a">Clark, Robert L.</subfield>
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      <subfield code="a">Lusardi, Annamaria</subfield>
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      <subfield code="w">MAP20210010194</subfield>
      <subfield code="g">06/06/2022 Volumen 22 - 2022 , 17 p.</subfield>
      <subfield code="t">The Journal of the economics of ageing </subfield>
      <subfield code="d">Oxford : Elsevier ScienceDirect, 2021-</subfield>
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