Purpose: To validate a survey research measure of subjective income, as measured by perceived income adequacy, in an international context. Design and Methods: The study population comprised persons aged 50 years and older in 12 countries from the Survey of Health, Ageing and Retirement in Europe (n = 28,939). Perceived difficulty in making ends…

Implementation of unisex pension plan allowing employers to comply with Supreme Court rulings would result in a fall in single men's pension wealth, a rise in single women's pension wealth, and change in returns to pension contributions. Offers analysis of how change to unisex plan would affect pension wealth and retirement decisions for single…

The quest for economic security for older women calls for a balance between government standards and public programs. Four components of an action agenda to improve the quality of life for older women are education, legislation, litigation, and negotiation. (SK)

Economic well-being after retirement depends on an individual's portfolio which includes income from Social Security, pensions, transfers from public or private sources, and accumulated wealth. Any event which interrupts the savings process can have an adverse effect on an individual's economic status after retirement. Dissolution of marriage,…

Describes Australia's retirement income arrangements, including age pension, private pensions, changes in provisions by the federal government, and factors that shaped changes. Notes that difficulties experienced by the government in introducing changes underscore political sensitivity of retirement income policy in Australia. (Author/NB)

Examines the health of a sample population, men aged 45-59 in 1969, who retired before age 62 between 1966-1975. Compares the health of men receiving Social Security disability benefits with that of men reporting work-limiting health conditions at retirement but not receiving Social Security disability benefits. (Author/SK)

Explores relationship between recent policy reforms, targeting proposals, and a universal Social Security program. Explores principles that inform Social Security, concluding that treating benefits as taxable income and raising retirement age push at boundaries of universality without violating fundamental precepts of social insurance program. (BF)

This article explores a relatively new and little understood phenomenon, that of the Australian Grey Nomads. Every year increasing numbers of older Australians take to the road. This article explores the phenomenon both empirically and theoretically. A grounded approach is used by which the experience is explored from an ethnographic account…

This Technical Committee Report examines four tiers of retirement income: (1) social security; (2) private and public occupational pension programs; (3) income from assets and savings; and (4) needs-tested programs. A summary of principal findings and recommendations is followed by three sections discussing the statistical basis for this report.…

A study was conducted to determine labor market factors influencing one's psychological well being and economic security after retirement. Research was found that supported the hypotheses that a worker's employment, earnings, and industry in the labor force greatly affect a retiree's financial position; the reason for labor force withdrawal…

Explored the propensity to save among community elderly by examining their anticipated use of hypothetical $10 and $25 weekly income increments. Savings were associated with income inadequacy and security concerns; and among the more affluent, with concerns about health and financial security. (Author/ABB)

Papers included are as follows: "An Overview" (Ross); "The Outlook for Social Security in the Wake of the 1983 Amendments" (Munnell); "The Economics of Aging: Doomsday or Shangrila?" (Schulz); "Retirement Incentives--the Carrot and the Stick. (Why No One Works beyond 65 Anymore)" (Quinn); "Inflation and…

A national survey of the needs, resources, and future expectations of veterans aged 55 and over produced findings that the Veterans Administration (VA) will use over the next decade to plan facilities and programs to meet those needs. Findings indicated veterans had a higher educational level and were less likely to be at the lower end of the…

Examined average economic status of baby boom cohorts as they approach retirement using data on their life cycle income experience. Findings suggest that baby boomers are likely to enter old age in better economic position than preboom cohorts because of deferred marriages, reduced childbearing, and increased labor force participation of wives…

Examines the relationship between postsecondary education and retirement economic well-being among white and African American women. Finds that after controlling for demographic characteristics and employment-related variables, both white and African American women with postsecondary education were better off economically and relied less on…