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| RRC Conference Paper: How Portfolios Evolve after Retirement -- The Effect of Health Shocks (PDF) Center for Retirement Research at Boston College  Aug. 24, 2005 20 pages. Excerpt: [H]ealth shocks constitute a significant source of financial risk for the elderly. Examining how wealth evolves during retirement and how this process is affected by health shocks will help us to predict how future elderly will fare during retirement and what role Social Security will play in their economic well-being. |
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