The Role of Savings and Pension Systems in Maintaining Living Standards in Retirement

James H. Schulz and Guy Carrin

Journal of Human Resources, 1972, vol. 7, issue 3, 343-365

Abstract: Over the years there has been a general recognition that serious economic problems have plagued and continue to plague the majority of aged persons in the U.S. and other countries. This article examines the personal savings rates required to provide an average worker with adequate retirement funds. The influence of (1) various definitions of adequacy, (2) inflation, and (3) economic growth on the magnitude of the retirement preparation task are examined. With this perspective, the current roles played by the social security system and private pensions are assessed.

Date: 1972
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.jstor.org/stable/pdfplus/145088
A subscription is required to access pdf files. Pay per article is available.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:7:y:1972:i:3:p:343-365

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().