Assets of the Aged
Clues and Issues
Bibliographic Data
| ID | 4941795 |
|---|---|
| Authors | Barbara Boyle Torrey (corresponding author) |
| Year | 1988 |
| Volume | 14 |
| Issue | 3 |
| Pages | 489 |
| Publication date | 1988-09-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Population and Development Review (JOURNAL) |
| Journal identifiers | ISSN: 0098-7921 • E-ISSN: 1728-4457 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/1972200 |
| OpenAlex | W2080540439 |
| Language | EN |
| Citations received | 3 |
The 1985 median household wealth of the aged in the United States was an estimated 63689 [dollars]. Although this is a considerable amount of wealth we know very little about what the aged do with their wealth. This note reviews the available data on the source and size of wealth among the aged; it summarizes the evidence on the savings behavior of the aged; and it explores their home-selling behavior. It then presents some international comparisons of wealth behavior of the aged in both developed and developing countries and concludes with possible public policy implications and the broader questions that the data raise. (SUMMARY IN FRE AND SPA) (EXCERPT)
Business · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics
| Citations per year | 0.09 |
|---|---|
| Citation span | 1992 - 2000 (9) |
| Highly cited | No |