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Title: The Effect of Disability Income on Retirement Decisions and Wealth
Resulting in 1 citation.
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Martin, Terrance K. Guillemette, Michael A. Urgel, Fabiola E. |
The Effect of Disability Income on Retirement Decisions and Wealth Applied Economics Letters 25,19 (2018): 1333-1335. Also: https://www.tandfonline.com/doi/abs/10.1080/13504851.2017.1420874 Cohort(s): NLSY79 Publisher: Routledge ==> Taylor & Francis (1998) Keyword(s): Disability; Income; Retirement/Retirement Planning; Wealth Using the 2008 National Longitudinal Survey of Youth, this study examines the impact of receiving disability income on a respondent's decision to calculate a retirement income need, use tax-advantaged accounts and accumulate retirement wealth. Respondents who received disability income were 4.4% less likely to report calculating a retirement income need and 4.5% less likely to report using a tax-advantaged account, compared to a reference group of respondents who did not receive disability income. Respondents who received disability income also accumulated 41% less retirement wealth compared to the same reference group. |
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Bibliography Citation
Martin, Terrance K., Michael A. Guillemette and Fabiola E. Urgel. "The Effect of Disability Income on Retirement Decisions and Wealth." Applied Economics Letters 25,19 (2018): 1333-1335.
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