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Household Economic Shocks Increase Retirement Wealth Inequality (PDF)
Schwartz Center for Economic Policy Analysis, The New School for Social Research
July 7, 2016 10 pages. "Economic shocks explain at least 32 percent of withdrawals by workers in low-income households, and possibly more. The use of the retirement savings system as insurance against economic shocks fails to preserve retirement savings for their intended purpose and increases retirement income inequality." MORE >> |
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