Individuals' Uncertainty about Future Social Security Benefits and Portfolio Choice
Download or Read eBook Individuals' Uncertainty about Future Social Security Benefits and Portfolio Choice PDF written by Adeline Delavande and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle.
Author | : Adeline Delavande |
Publisher | : |
Total Pages | : 0 |
Release | : 2010 |
ISBN-10 | : OCLC:1376390637 |
ISBN-13 | : |
Rating | : 4/5 (37 Downloads) |
Book Synopsis Individuals' Uncertainty about Future Social Security Benefits and Portfolio Choice by : Adeline Delavande
Book excerpt: Little is known about the degree to which individuals are uncertain about their future Social Security benefits, how this varies within the U.S. population, and whether this uncertainty influences financial decisions related to retirement planning. To illuminate these issues, the authors present empirical evidence from the Health and Retirement Study Internet Survey and document systematic variation in respondents' uncertainty about their future Social Security benefits by individual characteristics. They find that respondents with higher levels of uncertainty about future benefits hold a smaller share of their wealth in stocks.