How Much to Save for a Secure Retirement

Alicia Munnell, Anthony Webb () and Francesca Golub-Sass

Issues in Brief from Center for Retirement Research

Abstract: One of the major challenges facing Americans today is how to prepare for a secure retirement. While market ups and downs are unpredictable, peole do have control over work and saving decisions that can significantly improve their retirement prospects. This brief uses a simple model to estimate what percent of earnings an individual must save to ensure a financially secure retirement depending on when he starts saving, when he retires, and how he invests his retirement savings.

Pages: 12 pages
Date: 2011-11
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://crr.bc.edu/briefs/how-much-to-save-for-a-secure-retirement/ R
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://crr.bc.edu/briefs/how-much-to-save-for-a-secure-retirement/ [301 Moved Permanently]--> https://crr.bc.edu/briefs/how-much-to-save-for-a-secure-retirement/)

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:crr:issbrf:ib2011-13

Access Statistics for this paper

More papers in Issues in Brief from Center for Retirement Research Contact information at EDIRC.
Bibliographic data for series maintained by Amy Grzybowski () and Christopher F Baum ().