Re: PDF of Fed Reserve economists’ paper saying Americans save TOO MUCH for retirement
On Feb 19, 2007, at 10:05 PM, B. wrote:
Apparently the PDF file of the “recent study conducted by Paul Smith and Lucy McNair of the Federal Reserve Board, and David Love, an economist at Williams College, whofound that 88 percent of all households with breadwinners over age 51 had accumulated sufficient resources to finance adequate consumption in retirement”
Must read this stuff, but it’s interesting the Fed didn’t publish
this as a FEDS paper http://www.federalreserve.gov/pubs/feds/.
Doug