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Income Replacement and Spending in Retirement : Analyses, Issues, Recommendations, PDF eBook

Income Replacement and Spending in Retirement : Analyses, Issues, Recommendations PDF

Edited by Katrina Dixon

PDF

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Description

Part of the Department of Labor's (DOL) mission is to promote the retirement security of America's workers, a goal that has become increasingly challenging.

One tool for assessing the adequacy of retirement income is the replacement rate.

However, recommendations for the replacement rate that a household should target vary widely, in part because of the diverse underlying assumptions used to develop the rates.

This book examines whether and how spending patterns vary by age; key factors used to develop target replacement rates; and the usefulness of information on such rates provided by DOL

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