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Pre-Retirement Cashouts and Foregone Retirement Saving: Implications for 401(k) Asset Accumulation
National Bureau of Economic Research [NBER]
Aug. 20, 1999 "This paper presents new evidence on the potential importance of 401(k) assets in contributing to the retirement resources of future retirees. We use data on past 401(k) participation rates by age and imcome decile, along with information on average 401(k) contribution rates, to project the future 401(k) contribution trajectories of households that are currently headed by individuals between the ages of 29 and 39." MORE >> |
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