How do children affect the need to save for retirement?
Andrew Biggs
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Andrew Biggs: American Enterprise Institute
AEI Economics Working Papers from American Enterprise Institute
Abstract:
Children consume a substantial portion of a household's income while living at home, but are usually financially independent by the time the parents reach retirement age.
Keywords: household income; Retirement; savings (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2019-12
New Economics Papers: this item is included in nep-age
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