منابع مشابه
Leisure activities in retirement housing.
Two common assertions about leisure activities in retirement housing were studied: ( I ) that residence in special retirement housing for the elderly will result in more leisure activities than will residence in conventional dispersed housing, and (2) that greater participation in leisure activities is associated with a more favorable outlook on life. Two waves of interviews were conducted with...
متن کاملHousing Consumption after Retirement
According to the life-cycle theory of consumption and saving, foreseeable retirement events should not reduce consumption. This argument applies especially to housing consumption, whereas other consumption expenditures may fall when home production substitutes them (given higher leisure after retirement). Using micro panel data for German tenants we find that income drops at entering retirement...
متن کاملOptimal Equity Glidepaths in Retirement
Dynamic retirement glidepaths evolve over time based on some measure such as the retiree’s funded status or current market valuations. Conversely, static glidepaths are fixed at a starting point and selected under the assumption that they will not change. In practice, new static glidepaths may be derived periodically making them more flexible. The optimal static retirement glidepath would be th...
متن کاملHousing Equity Withdrawal
The increase in housing prices in recent years has contributed to rising household wealth and has helped to underpin continued strength in consumption spending. One important aspect of this process is that rising housing prices, combined with other factors such as lower interest rates and financial innovation, have increased the capacity of households to borrow. A feature of the past few years ...
متن کاملUnlocking Housing Equity in Japan
Much prior literature on asset patterns among the elderly has mostly overlooked housing wealth as a determinant of retiree wealth, particularly in the Japanese context. Yet releasing equity in housing may be a natural mechanism to boost consumption, reduce public pension liability, and mitigate the demand for long-term care facilities in Japan. Our study evaluates what might be needed to implem...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.1070341