We study how the portfolios of US households evolve after retirement, using data from the
Health and Retirement Study (HRS). In particular, we investigate the influence of aging and …

This paper reviews the literature on saving behavior and portfolio choice after retirement and
provides a descriptive analysis of this behavior by Dutch elderly households. Studying …

Many analysts have considered whether households approaching retirement age have
accumulated enough assets to be well prepared for retirement. In this paper, we shift from …

This paper presents evidence on the resources available to households as they enter
retirement. It draws heavily on data collected by the Health and Retirement Study. We …

This article investigates the role of self-perceived risky health in explaining continued
reductions in financial risk taking after retirement. If future adverse health shocks threaten to …

We use comparable data from the US and England to examine similarities and differences in
the level and trajectories of assets among households aged 70 and over. We find that in the …

Except for Social Security and, for some, employer-provided pension assets, housing equity
is the most important asset of a large fraction of older Americans. In principle, these assets …

We study the effects of the 2007-2009 recession on the population age 55 and older.
Households in and near retirement have suffered sizeable losses in assets as a result of the …

In this paper, we develop a measure of household resources that converts total financial and
non-financial assets, plus annuity-like assets (mainly, Social Security and defined-benefit …

People earn just enough to get by'is a phrase often used to explain the low personal saving
rate in the United States. The implicit presumption is that households simply do not earn …