Recalibrating Retirement Spending and Saving (Pension Research Council Series) - Hardcover

Pension Reseach Council

Hardcover

ISBN 10: 0199549109 ISBN 13: 9780199549108

Publisher: Oxford University Press, 2008

Synopsis

As Baby Boomers make the transition into their 60s, they have focused policymakers and the media's attention onto how this generation will manage the retirement phase of its lifetime. This volume acknowledges that many, though not all, in this older cohort have accumulated substantial assets, so for them, the question is what will they do with what they have? We offer a detailed exploration of how people entering retirement will deploy their accumulated assets in the near and long term, so to best meet their myriad spending, investment, and other objectives. The book offers readers an invaluable study of emerging issues regarding assets and expectations on the verge of retirement, including uncertainty regarding life expectancy and morbidity. It is composed of chapters from a distinguished set of authors including a Nobel Laureate and a wonderful mix of academics and practitioners from the legal, financial, and economic fields. This volume represents an invaluable addition to the Pensi

About this title

About the Author

John Ameriks is a Senior Investment Analyst in Vanguard's Investment Counseling and Research Group. He previously held the position of Senior Research Fellow at the TIAA-CREF Institute. Dr. Ameriks has published research related to individual and household financial decisions regarding saving, portfolio allocation, and retirement income strategies. He received the AB from Stanford University and the Ph. D. in Economics from Columbia University.

Olivia S. Mitchell is the International Foundation of Employee Benefit Plans Professor of Insurance and Risk Management, the Executive Director of the Pension Research Council, and the Director of the Boettner Center on Pensions and Retirement Research at the Wharton School. Concurrently Dr. Mitchell is a Research Associate at the National Bureau of Economic Research and a Co Investigator for the AHEAD/ Health and Retirement Studies at the University of Michigan. Her areas of research and teaching are private and public insurance, risk management, public finance and labor markets, and compensation and pensions, with a US and an international focus. She received the BA in Economics from Harvard University and the MA and Ph.D. degrees in Economics from the University of Wisconsin-Madison.

Edition details

• Publisher: Oxford University Press
• Publication date: 2008
• ISBN 10: 0199549109
• ISBN 13: 9780199549108
• Binding: Hardcover
• Language: English
• Number of pages: 360
• Editor: Ameriks John, Mitchell Olivia S.