42 pages. Working paper by Eric M. Engen, William G. Gale, and Cori Uccello. Excerpt: We show that reductions in social security benefits could have significant deleterious effects on the adequacy of saving, especially among low-income households. We also show that, controlling for lifetime earnings, households with high current earnings tend to save far more adequately than other households.' Executive summary at http://www.bc.edu/centers/crr/papers/summary/wp_2004-10.pdf