[lbo-talk] Fed Reserve economists: Amerians saving TOO much

Simon Archer simon.archer at gmail.com
Mon Feb 19 11:21:17 PST 2007


I posted a query about this topic a few weeks ago but no bites. Has anyone done some serious (more than google-driven) reading into this claim and the recent two or three 'studies' that have come out? I would be quite interested, because it is so contrary to the accepted wisdom about savings rates and retirement demographics/problems. Is it just a debate about what an acceptable (deferred) wage might be?

The "enough/not enough" analysis also seems to miss other more important retirement income problems - lack of coverage of employer pension plans, individuals' exposure to market moves in capital accumulation plans, sufficient savings to maintain 80% of a low income is still only 80% of a low income, is there any sense of the indebtedness of post 55 families, are more people moving into work longer (55-75) to make up for low retirement incomes, are health and welfare plans being cut at the expense of pension plans, etc. -------------- next part -------------- An HTML attachment was scrubbed... URL: <../attachments/20070219/0cd07d05/attachment.htm>



More information about the lbo-talk mailing list