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How much should Americans be saving for retirement?

B. Douglas Bernheim (), Lorenzo Forni (), Jagadeesh Gokhale and Laurence Kotlikoff ()

No 2, Working Paper from Federal Reserve Bank of Cleveland

Abstract: How much should Americans save prior to retirement? Given Social Security's shaky financial condition, this is a critical question for baby boomers. A financial planning program-ESPlanner-is applied to data from the Health and Retirement Survey (HRS) to consider the amount that households approaching retirement should save.

Keywords: Retirement; Saving and investment; Social security (search for similar items in EconPapers)
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Date: 2000
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