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The Impact of Misperceptions about Social Security on Saving and Well-being (PDF)
University of Michigan Retirement Research Center [MRRC] 
June 27, 2006
36 pages. Excerpt: This paper investigates the effect of deviations between predicted and realized Social Security benefits on several measures of well-being in retirement, such as the change in consumption expenditures at retirement, a self-assessed measure of how retirement years compare to the years before retirement, and whether the individual is worried about having enough income to get by in retirement.
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