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Grandparents to Grandchildren Transfers: The Potential Importance to Younger Families’ Economic Stability
Grandparents are more likely to give time and money to their grandchildren's families when grandparents are young, married and financially secure. They are more likely to assist grandchildren if they themselves were assisted ...
Happiness as a Complex Financial Phenomenon: The Financial and Psychological Adjustment to Widowhood in the U.S.
Using a sample of relatively young widows and widowers, this paper examines the relationship between psychological and financial well-being of the surviving spouse. For all married and widowed men and women, wealth and ...
The Sufficiency of Retirement Savings: A Comparison of Two Cohorts of Retired Workers at the Time of Retirement
This paper compares the savings adequacy of two groups of retirees, one of people who retired in 1980-81, the other of people retiring 20 years after that. The results suggest that single people and those with low ...
Gender Issues and Social Security Reform: Assessing the Role of Social Security and Personal Savings in Well-Being During Retirement
The adequacy of retirement savings is central to the U.S. debate about the effects of Social Security reform and pension changes that would place greater responsibility on individuals for accumulation of retirement ...
Financial Literacy Programs Targeted on Pre-School Children: Development and Evaluation
This review of financial literacy programs for preschool-age children finds they tend to concentrate on concrete lessons without consideration of underlying concepts to be taught. They also do not consider the cognitive ...
Do Newly Retired Workers in the U.S. Have Sufficient Resources to Maintain Well-Being?
This paper explores whether older adults have the resources they need beyond Social Security to maintain economic well-being after they retire. The discussion examines motivations for accumulating wealth to save for ...