Construct · 1 fields · 1 citations

retirement wealth drawdown: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Household finance

the slow pace at which retirees spend their financial assets, with many keeping or even growing wealth late in life.

In household finance, retirement wealth drawdown refers to the slow pace at which retirees spend their financial assets, with many keeping or even growing wealth late in life. This meaning comes from Poterba (2011) in Journal of Economic Perspectives.[1]

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Nearby constructs

drawdown2 fields · 2 citationsjingle · one word, two constructs household finance1 fields · 1 citationsanchor · a standalone construct

References

Poterba, J., Venti, S., & Wise, D. (2011). The Composition and Drawdown of Wealth in Retirement. Journal of Economic Perspectives, 25(4), 95-118. https://doi.org/10.1257/jep.25.4.95

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