Retirement consumption: Insights from a survey

John Ameriks; Andrew Caplin; John Leahy

doi:10.1162/rest.89.2.265

Retirement consumption: Insights from a survey

John Ameriks, Andrew Caplin, John Leahy

Research output: Contribution to journal › Article › peer-review

Abstract

Prior research has established that consumption falls significantly at retirement. What is not known is the extent to which this fall is anticipated during the working years. Using data from a new survey, we show that many working households do expect a considerable fall in consumption when they retire. In fact, those who are already retired report significantly smaller falls in consumption than are expected by those who are still working.

Original language	English (US)
Pages (from-to)	265-274
Number of pages	10
Journal	Review of Economics and Statistics
Volume	89
Issue number	2
DOIs	https://doi.org/10.1162/rest.89.2.265
State	Published - May 2007

ASJC Scopus subject areas

Social Sciences (miscellaneous)
Economics and Econometrics

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10.1162/rest.89.2.265

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Retirement consumption: Insights from a survey

Abstract

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