Are we saving enough?

Jagadeesh Gokhale

Economic Commentary, 2000, issue Jul

Abstract: Americans are saving less than they used to. At the same time, they are spending more years in retirement, and Social Security still has long-term financial shortfalls. The author finds that most American households must raise their saving rates considerably if they are to maintain their current living standards through retirement.

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