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

joanna 123hop at comcast.net
Mon Feb 19 22:00:06 PST 2007


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"
>
I just don't believe it.

Joanna



More information about the lbo-talk mailing list