Spending to and through retirement
Abstract
This chapter uses a unique data set to answer some fundamental questions that have not been fully addressed before. Specifically, it provides a summary of spending patterns of US consumers derived from de-identified Chase data. The primary purpose is to help refine the assumptions that multiple stakeholders use related to saving for and living in retirement. To do this, we will provide insights related to important questions that underlie retirement planning assumptions. How much does real spending tend to increase or decrease over the life cycle? How does spending ...
Get Handbook of US Consumer Economics now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
