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Author: Sobol, Marion Gross
Resulting in 1 citation.
1. Sobol, Marion Gross
Factors Influencing Private Capital Accumulation on the 'Eve of Retirement'
Review of Economics and Statistics 61,4 (November 1979): 585-593.
Also: http://www.jstor.org/stable/1935789
Cohort(s): Older Men
Publisher: Harvard University Press
Keyword(s): Educational Attainment; Ethnic Groups/Ethnicity; Family Resources; Health/Health Status/SF-12 Scale; Job Tenure; Locus of Control (see Rotter Scale); Marital Status; Pensions; Retirement; Rotter Scale (see Locus of Control)

Permission to reprint the abstract has not been received from the publisher.

This paper examines net worth situations of a nationwide sample of men "on the eve of retirement" to find out (1) the current state of net worth, (2) factors related to high levels of net worth, (3) future prospects for these factors, and (4) policies that might be employed to stimulate growth in net worth. In summary, of all the variables that lead to large net worth only the declining number of dependents for both white and black families can be expected to push toward higher levels of net worth in the coming decades. Increased participation in private pensions may also increase net worth if these plans have special rewards for employee savings. Otherwise, trends in the other variables, marital status, number of years in a job, rural-urban residence, and ethnic background, seem to point toward a decrease in net worth.
Bibliography Citation
Sobol, Marion Gross. "Factors Influencing Private Capital Accumulation on the 'Eve of Retirement'." Review of Economics and Statistics 61,4 (November 1979): 585-593.