Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25486 
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dc.contributor.authorLusardi, Annamariaen
dc.contributor.authorMitchell, Olivia S.en
dc.date.accessioned2006-10-11-
dc.date.accessioned2009-07-24T13:48:00Z-
dc.date.available2009-07-24T13:48:00Z-
dc.date.issued2006-
dc.identifier.piurn:nbn:de:hebis:30-33268en
dc.identifier.urihttp://hdl.handle.net/10419/25486-
dc.description.abstractWe compare wealth holdings across two cohorts of the Health and Retirement Study: the early Baby Boomers in 2004, and individuals in the same age group in 1992. Levels and patterns of total net worth have changed relatively little over time, though Boomers rely more on housing equity than their predecessors. Most important, planners in both cohorts arrive close to retirement with much higher wealth levels and display higher financial literacy than non-planners. Instrumental variables estimates show that planning behavior can explain the differences in savings and why some people arrive close to retirement with very little or no wealth.en
dc.language.isoengen
dc.publisher|aGoethe University Frankfurt, Center for Financial Studies (CFS) |cFrankfurt a. M.en
dc.relation.ispartofseries|aCFS Working Paper |x2006/20en
dc.subject.jelD91en
dc.subject.jelE21en
dc.subject.ddc330en
dc.subject.keywordWealth Holdingsen
dc.subject.keywordHousing Wealthen
dc.subject.keywordLack of Planningen
dc.subject.keywordLiteracyen
dc.subject.keywordCohortsen
dc.subject.stwAlterssicherungen
dc.subject.stwVermögensbildungen
dc.subject.stwImmobilienen
dc.subject.stwPlanungen
dc.subject.stwAnlageverhaltenen
dc.subject.stwUSAen
dc.titleBaby boomer retirement security: The roles of planning, financial literacy, and Housing wealth-
dc.typeWorking Paperen
dc.identifier.ppn518561402en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cfswop:200620en

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