FINANCIAL STATUS--I

财务状况--I

• 批准号: 5204536
• 负责人: JAMES M POTERBA
• 金额: --
• 依托单位国家: 美国
• 资助国家: 美国
• 起止时间: 至
• 项目状态: 未结题
• 来源: https://reporter.nih.gov/project-details/5204536
• 关键词: human data; human old age (65+); income maintenance; longitudinal human study; retirement; socioeconomics; statistics /biometry

The enormous response over the 1980s to the advent of IRAs and 401(k) plans suggests that such programs could have a very substantial effect on the economic status of future elderly Americans. The proposal is to extend our work on the net saving effect of these programs to consider how the changing role of targeted personal retirement saving plans will affect the financial status of future elderly. New data sources permits us to evaluate the relationships among all modes of retirement support, with comprehensive information on all forms of wealth and with detailed data on earning histories and other individual characteristic. And, there is now ten years of experience with personal retirement saving plans and some instances ten years of contributions to these plans. The general goal is to analyze the accumulation of personal financial wealth, housing wealth, pension assets, and Social Security wealth, with particular emphasis on how targeted retirement savings programs such as 401(k) plans affect and are affected by other components of the household balance sheet. We will consider asset accumulation before retirement, financial decisions at retirement-- for example annuitization of pension benefits-- as well as asset decumulation after retirement. Financial decisions in each of these three stages have a direct bearing on the financial status of current and future elderly Americans. There are five specific aims: (1) To document the changing distribution of wealth levels and wealth compositions for older Americans, particularly with respect to the relative importance of personal retirement saving, housing wealth, pensions, and Social Security wealth. (2) To extend our previous analysis of the interaction between saving in 401(k) saving and other elements of household balance sheet, particularly private pension plan asset and Social Security wealth. (3) To document the post-retirement decumulation of personal retirement assets and other bequeathable wealth. (4) To summarize the implications of personal retirement saving by simulating their effect on the financial status of the elderly at and after retirement. (5) To explore the relationship between (i) evidence from household surveys suggesting that 401(k) saving did not displace other asset accumulation, and (ii) evidence from aggregate time series suggesting that the personal saving rate declined during the period when 401(k) contributions rose most rapidly.

20世纪80年代对IRA和401(K)出现的巨大反应 计划表明，这样的计划可能会产生非常实质性的影响 关于未来美国老年人的经济状况。这项提议是 扩展我们关于这些计划的净储蓄效应的工作，以考虑 定向个人退休储蓄计划的角色变化将如何 影响未来老年人的经济状况。新数据源允许 美国将评估所有退休支持模式之间的关系， 关于所有财富形式的全面信息，以及详细的 关于收入历史和其他个人特征的数据。和, 现在有十年的个人退休储蓄经验。 这些计划和一些例子是十年对这些计划的贡献。这个 总体目标是分析个人金融财富的积累， 住房财富、养老金资产和社会保障财富，以及 特别强调如何有针对性的退休储蓄计划，如 401(K)计划影响家庭的其他组成部分，并受其影响 资产负债表。我们会考虑退休前的资产积累， 退休时的财务决定--例如养老金的年化 福利--以及退休后的资产积累。金融 这三个阶段中的每一个阶段的决策都直接影响到 当前和未来美国老年人的经济状况。一共有五个 具体目标：(1)记录不断变化的财富水平分布 和老年美国人的财富构成，特别是尊重 对个人退休储蓄、住房财富、 养老金和社会保障财富。(2)扩展我们之前的分析 401(K)储蓄与其他要素之间的相互作用 家庭资产负债表，特别是私人养老金计划资产和 社会保障财富。(3)记录退休后的累积情况 个人退休资产和其他可遗赠财富。(4)至 通过模拟总结个人退休储蓄的含义 他们对老年人经济状况的影响 退休了。(五)探讨(一)证据与 家庭调查表明，401(K)储蓄不会取代其他 资产积累，以及(2)来自总时间序列的证据 表明个人储蓄率在以下时期有所下降 401(K)计划的缴费增长最快。