Retirement Wealth Accumulation and Decumulation: New Developments and Outstanding Opportunities
Wharton School Working Paper 97-12
105 Pages Posted: 5 May 1997
Date Written: April 1997
Analysts have raised serious questions about current workers' ability and inclination to save enough for retirement. This is of obvious policy interest given the need to reform national retirement income programs. In the present paper we examine recent research developments regarding retirement wealth accumulation and decumulation. Our goal is to identify new developments and outstanding opportunities to encourage a more sensible process of growing and then drawing down retirement wealth.
JEL Classification: D92, E21, H89
Suggested Citation: Suggested Citation