[lbo-talk] PDF of Fed Reserve economists' paper saying Americans save TOO MUCH for retirement

[B.]

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" 

--is here:

http://www.albany.edu/econ/Research/fall06/1027.pdf

-B.