Retirement Spending.pdf

ebri_ib_447_assetpreservation-3apr18.pdf
Preview of Retirement Spending
🔗 Source: aspeninstitute.org
📊 Size: 788 KB
👤 Author: Sudipto Banerjee
⬇️ Downloads: 230

Summary

Retirees generally exhibit slow decumulation of assets, with those having less than $200,000 in non-housing assets spending down about one-quarter of their assets within 18 years of retirement, while those with at least $500,000 spent down only 11.8%. About one-third of retirees increased their assets over the period. Pensioners were less likely to spend down assets, with a 4% decrease in median non-housing assets, compared to 34% for non-pensioners. Retirees generally limited spending to their regular income, avoiding asset drawdowns.

Description

Retirees generally exhibit slow decumulation of assets, with those having less than $200,000 in non-housing assets spending down about one-quarter of their...

Technical Information

  • File Format: PDF
  • File Size: 788 KB
  • Pages: 12
  • Language: EN
  • Author: Sudipto Banerjee
  • Total Downloads: 230
  • Last Updated: 1 week ago

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