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Sunday, November 15, 2020 | History

3 edition of New estimates of the future path of 401(k) assets found in the catalog.

New estimates of the future path of 401(k) assets

James M. Poterba

New estimates of the future path of 401(k) assets

  • 324 Want to read
  • 36 Currently reading

Published by National Bureau of Economic Research in Cambridge, Mass .
Written in English

    Subjects:
  • 401(k) plans -- Mathematical models,
  • Individual retirement accounts -- United States -- Mathematical models

  • About the Edition

    Over the past two and a half decades there has been a fundamental change in saving for retirement in the United States, with a rapid shift from employer-managed defined benefit pensions to defined contribution saving plans that are largely controlled by employees. To understand how this change will affect the well-being of future retirees, we project the future growth of assets in self-directed personal retirement plans. We project the 401(k) assets at age 65 for cohorts attaining age 65 between 2000 and 2040. We also project the total value of assets in 401(k) accounts in each year through 2040 and we project the value of 401(k) assets as a percent of GDP over this period. We conclude that cohorts that attain age 65 in future decades will have accumulated much greater retirement saving (in real dollars) than the retirement saving of current retirees.

    Edition Notes

    StatementJames Poterba, Steven Venti, David A. Wise.
    SeriesNBER working paper series -- no. 13083., Working paper series (National Bureau of Economic Research) -- working paper no. 13083.
    ContributionsWise, David A., Venti, Steven F., National Bureau of Economic Research.
    The Physical Object
    Pagination30 p. :
    Number of Pages30
    ID Numbers
    Open LibraryOL17633845M
    OCLC/WorldCa137305146

      Almost exactly 1 year ago I decided to change the allocations of my new capital contributed to my (k) from a balanced mix of funds to 50% cash to build up a stock pile of money to deploy when, not if, a correction occurred. In addition, I took 10% out of equities and put it in cash as well. The move had been on my mind for a while and when I saw another blogger’s post about some very .   Estimating Future Returns for Retirement and General Investing. Apr. 11, AM ET we apply simple statistical models to discover mean estimates of what the future may hold over.   "Assets of current retirees that are now in (k)s are quite modest because the plans are relatively new and most retirees had only contributed for a few years," says Venti. "Future retirees will have many more years of (k) participation under their belts, and their accumulations will .   Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends. more Crude Oil.

    The New Year brought us two new books on retirement planning written by well-known authors – Teresa Ghilarducci and Jane Bryant Quinn. Ghilarducci focuses on key steps to build retirement savings, while Quinn provides a much fuller analysis for both accumulation and de-accumulation. Both are books advisors should read themselves as candidates to recommend to clients.


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New estimates of the future path of 401(k) assets by James M. Poterba Download PDF EPUB FB2

New Estimates of the Future Path of (k) Assets. James Poterba. MIT and NBER. Steven Venti. Dartmouth College and NBER. David A. Wise. Harvard University and NBER. April Abstract: Over the past two and a half decades there has been a fundamental change in saving for retirement in the United States, with a rapid shift from.

New Estimates of the Future Path of (k) Assets James M. Poterba, Steven F. Venti, David A. Wise. Chapter in NBER book Tax Policy and the Economy, Volume 22 (), James M. Poterba, editor (p. 43 - 80) Conference held Septem Published in July by University of Chicago PressCited by: James M.

Poterba & Steven F. Venti & David A. Wise, "New Estimates of the Future Path of (k) Assets," NBER Chapters, in: Tax Policy and the Economy, Vol pagesNational Bureau of Economic Research, Inc.

Handle: RePEc:nbr:nberch New Estimates of the Future Path of (k) Assets James Poterba, Steven Venti, and David A.

Wise NBER Working Paper No. May JEL No. G23,J11,J14,J32 ABSTRACT Over the past two and a half decades there has been a fundamental change in saving for retirement. We use data from the Survey of Income and Program Participation (SIPP) to track the spread of (k) plans over the past two decades and to develop projections of future (k) assets.

Various SIPP surveys provide data on eligibility for and participation in (k) plans in. New Estimates of the Future Path of (k) Assets Article in NBER/Tax Policy and the Economy 22(1) June with 18 Reads How we measure 'reads'.

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