How much should Americans be saving for retirement?
B. Douglas Bernheim (),
Jagadeesh Gokhale and
Laurence Kotlikoff ()
No 2, Working Papers (Old Series) from Federal Reserve Bank of Cleveland
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; Social security; Saving and investment (search for similar items in EconPapers)
Date: 2000, Revised 2000
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Journal Article: How Much Should Americans Be Saving for Retirement? (2000)
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