G2TT
来源类型Research Report
规范类型报告
Will Living Standards Decline for Future Retirees?
Damir Cosic; Richard W. Johnson; Karen E. Smith
发表日期2018-12-11
出版年2018
语种英语
概述This brief shows how changing patterns of lifetime earnings, retirement plan participation, and wealth accumulation will shape future economic well-being at older ages. Our projection results are mixed. As economic growth raises earnings and retirement benefits and women work more, boomers and Gen Xers will receive more income at age 70 than pre-boomers, born between 1936 and 1945. That income, however, will
摘要

This brief shows how changing patterns of lifetime earnings, retirement plan participation, and wealth accumulation will shape future economic well-being at older ages. Our projection results are mixed. As economic growth raises earnings and retirement benefits and women work more, boomers and Gen Xers will receive more income at age 70 than pre-boomers, born between 1936 and 1945. That income, however, will replace a smaller share of preretirement earnings for future retirees because of the increase in the Social Security retirement age and the loss of defined-benefit pensions. Potential Social Security cuts and rising health care costs create additional uncertainty.

主题Aging ; Income and Wealth
URLhttps://www.urban.org/research/publication/will-living-standards-decline-future-retirees
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/480427
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GB/T 7714
Damir Cosic,Richard W. Johnson,Karen E. Smith. Will Living Standards Decline for Future Retirees?. 2018.
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