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Data and Simulations on Retirement Income Adequacy Among Low-Earning Households
Andrew G. Biggs, American Enterprise Institute via SSRN 
Nov. 13, 2019 "[The author presents] a simple model to calculate the household wealth and saving rates necessary for stylized earners to achieve income-specific retirement income replacement rate targets, net of scheduled Social Security benefits. For very low earners, roughly the poorest quintile of the earning distribution, little savings are necessary on top of Social Security." MORE >> |
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