Savings, Portfolio Choice, and Retirement Expectations (PDF)

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6/28/2006: Savings, Portfolio Choice, and Retirement Expectations (PDF) (Michigan Retirement Research Center, University of Michigan)

24 pages. Excerpt: Studying household investment behavior is essential for understanding the full consequences of old age social security benefits. Using data from six waves of the Health and Retirement Study, [the authors] analyze the dynamics of portfolio composition before respondents start claiming social security benefits. [The authors] consider ownership as well as amounts held of several types of assets and debts.

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