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Title: The Effect of Disability Income on Retirement Decisions and Wealth
Resulting in 1 citation.
1. 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; 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.
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.