The impact of changing earnings volatility on retirement wealth

The impact of changing earnings volatility on retirement wealth

The

impact of changing earnings volatility on retirement wealth

Nichols

Austin

Nichols, Austin

Author

Author

Favreault

Melissa M.

Favreault, Melissa M.

Author

Author

text

working paper

Chestnut Hill, Mass. Center for Retirement Research at Boston College20082008monographic

Chestnut Hill, Mass.

Chestnut Hill, Mass.

Center for Retirement Research at Boston College

2008

2008

monographic

Englisheng

English

eng

electronicapplication/pdfborn digital

electronic

application/pdf

born digital

Over the last several decades, the volatility of family income has increased markedly, and own earnings volatility has remained relatively flat. Volatility may affect retirement wealth, depending on whether volatility affects accrued pension contributions or withdrawals or earnings credited toward future Social Security benefits. This project assesses the effect of the volatility of individual and family earnings on asset accumulation and projected retirement wealth using survey data matched to administrative earnings records.

Austin Nichols and Melissa M. Favreault.

CRR WP2008-14

CRR WP2008-14

CRR WP

2008-14

http://crr.bc.edu/images/stories/Working_Papers/2008-14.pdf

MChBEnglisheng

MChB

Englisheng

English

eng