Replication data for: Retirement Security in an Aging Population

Principal Investigator(s):  View help for Principal Investigator(s) James M. Poterba

Version:  View help for Version V1

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  Poterba-Ely-Lecture-Code 10/26/2021 12:56:PM
LICENSE.txt text/plain 14.6 KB 12/06/2019 11:19:AM

Project Citation: 

Poterba, James M. Replication data for: Retirement Security in an Aging Population. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116123V1

Project Description

Summary:  View help for Summary Elderly individuals exhibit wide disparities in their sources of income. For those in the bottom half of the income distribution, Social Security is the most important source of support; program changes would directly affect their well-being. Income from private pensions, assets, and earnings are relatively more important for higher-income elderly individuals, who have more diverse income sources. The trend from private sector defined benefit to defined contribution pension plans has shifted responsibility for retirement security to individuals. A significant subset of the population is unlikely to be able to sustain their standard of living in retirement without higher pre-retirement saving.

Scope of Project

Subject Terms:  View help for Subject Terms 401(k) Plans; Retirement Saving
JEL Classification:  View help for JEL Classification
      D14 Household Saving; Personal Finance
      D31 Personal Income, Wealth, and Their Distributions
      H55 Social Security and Public Pensions
      I31 General Welfare; Well-Being
      J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
      J26 Retirement; Retirement Policies
Geographic Coverage:  View help for Geographic Coverage United Statess
Time Period(s):  View help for Time Period(s) 2000 – 2013
Data Type(s):  View help for Data Type(s) aggregate data

Methodology

Data Source:  View help for Data Source Federal Reserve Board, Survey of Consumer Fices; Bureau of Labor Statistics, Current Population Survey
Unit(s) of Observation:  View help for Unit(s) of Observation Households,

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V1 [2019-12-06]

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