Title | 401(k) Plans and future patterns of retirement saving |
Publication Type | Journal Article |
Year of Publication | 1998 |
Authors | Poterba, JM, Venti, SF, Wise, DA |
Journal | American Economic Review |
Volume | 88 |
Issue | 2 |
Pagination | 179-184 |
Call Number | pubs_1998_Poterba_JAER.pdf |
Keywords | Employment and Labor Force, Net Worth and Assets, Pensions, Retirement Planning and Satisfaction |
Abstract | This paper summarizes current participation and contribution patterns in 401(k) plans and projects 401(k) balances at retirement age for workers currently between the ages of 30 and 40. The various factors that will influence future 401(k) balances are discussed. The projections based on HRS data suggest that 401(k) plans are likely to play a significant role in providing for the retirement income of future retirees. |
Notes | RDA 1999-002 |
URL | https://www.jstor.org/stable/116915?seq=1 |
Endnote Keywords | Economic Status--net worth, earnings history/Labor/401(k) participation and balances/Retirement Planning |
Endnote ID | 8274 |
Citation Key | 6621 |