This study investigates perceived financial needs and subjective financial well-being using data from a national survey of 2,567 households in Turkey. Financial needs are measured by consumer perceived ability to meet current living expenses in the short-term as well as their assessment for the retirement security in the long-term. We also…

Financial professionals involved in divorce proceedings, whether for a client or an attorney, often use software to project the ability of a dependent spouse to earn income off of her separate estate. These projections have historically relied on static inputs and use a Monte Carlo simulation to illustrate the paths a portfolio might take. Within…

Swiss society is ageing. At the same time, life expectancy is increasing. With most workers retiring around age 65, time in retirement is growing and the ratio of retirees to employees is set to soar. These developments bring a range of opportunities but will likely weigh on growth in GDP per capita and increase public spending. They may also…

With one treated and one untreated periods, difference in differences (DD) requires the untreated response changes to be the same across the treatment and control groups, if the treatment were withheld contrary to the fact. A natural way to check the condition is to backtrack one period and examine the response changes in two pretreatment periods.…

This article presents three approaches to estimate the size of the publicly funded institutional marketplace to determine what opportunities exist for local farmers and fishers. First, we found that estimates from national foodservice sales statistics over-estimate local capacity opportunities. Second, analyzing budgets of publicly funded…

This study examined whether Canada's public pensions (Old Age Security and Canada Pension Plan) provided adequate income for seniors living in Nova Scotia in 2005 to afford a basic nutritious diet. Monthly incomes were compared to essential monthly expenses for four household scenarios: (a) married couple, 80 years and 78 years, in urban Nova…

Surveyed 81 couples to examine how the elderly allocate retirement dollars. Results showed most respondents had changed expenses after retirement. Some expenditures had increased in importance. Only food and transportation were ranked the same as the Bureau of Labor Statistics rankings by at least 30 percent of the couples. (BH)

The author evaluates the Consumer Price Index (CPI) used by the Bureau of Labor Statistics (BLS) to make cost-of-living adjustments to retirement benefits and considers the need for a separate retiree index. Stating that the CPI has underestimated inflation's impact on retirees, she recommends revised BLS retiree budgets. (MF)

A census of governments is taken at 5-year intervals as required by law under title 13, United States Codes, Section 161. This 2002 census, similar to those taken since 1957, covers three major subject fields: government organization; public employment; and government finances. This document contains six parts that cover the entire range of state…

This study helps local leaders to identify attractions that entice people to relocate upon retirement, and to estimate the potential economic and social impact of in-migrating retirees. A group of 249 retirees from communities in Arkansas, Oklahoma, and eastern Texas completed questionnaires between June 1992 and February 1993. Although income and…

This manual is designed to assist those helping professionals responsible for developing consumer education programs on the topic of retirement income management. In a modular presentation format, the materials focus on the following areas of concern: (1) a personal financial inventory; (2) ways to stretch retirement income; (3) steps to decrease…

Details findings of an OECD (Organisation for Economic Cooperation and Development) study concerning the social and labor market implications of aging populations. The article includes a demographic profile, impact on social expenditures, and the response of policymakers. (CT)

This statistical handbook contains 378 tables and charts illustrating the changes in the United States' aging population based on data collected during the 1990 census and several other surveys. The tables and charts are organized by topic as follows: demographics (age and sex distribution, life expectancy, race and ethnicity, geographic…

This manual is designed to assist in developing meaningful workshops for retirees and pre-retirees to aid them in making effective use of their retirement incomes. Divided into five sessions, topics include the need for financial planning, major factors in such planning, and specific methods of helping retirees in their own financial planning;…

The delivery of an appropriate quantity and quality of health care in an efficient way requires, among other things, matching the supply with the demand for the services of physicians, over time. Such matching has led to very different levels of physicians per million population across OECD countries--because of variations, among other things,…