[lbo-talk] "over-saving"

[Simon Archer]

The NYT had an article last Saturday citing research that people are
"over-saving" for retirement. The article was a basic
isn't-this-counter-intuitive-and-fun given the social security 'crisis' and
that junk. The paper it cited was less fluffy but more math than I can do -
is there a robust case out there that there is any systemic 'over-saving'?
IS there an analysis this is driven by the 401k industry and management
fees? I realize that the over-savings measurment depends on assumptions
about replacement income, legacies, etc. Also noted that the concept of
over-saving of course obscured the real group who are most likely to
under-save for retirement, single non-white women.
-- 
simon.archer at gmail.com
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