Description: Retirement readiness planning is difficult because the value of a person's future Social Security benefits is uncertain, given the need for reform.

Description: Tables for the Housing Wealth Effects, Boomer Refinancing, Housing Debt, and Retirement Saving Adequacy—1989-2007 monograph.

Description: This article addresses studies which came to different conclusions regarding whether 401k plans are financially advantageous. Also presented is a paper, using more elaborate assumptions, which analyzes the effects of 401 k participation at various income levels.

Description: Planning for retirement in North America has become much more challenging as the defined benefit system has declined. We must take more responsibility for ourselves. As we plan, many societal forces affect us. Both men and women are disadvantaged because Americans in particular are not very good savers. While pension plans and Social Security, or CPP/QPP/OAS in Canada, generally use the same formulas for men and women, often the results are different. This article focuses on the challenges women face in retirement.

Description: This essay focuses on elements of success in a system linked to employment.

Description: Article suggests future steps with regard to this project and provides information on where to get the essays.

Description: This paper explores a proposed compulsory savings program combined with transparent investment vehicles designed to promote competition based on expense levels, fund performance and customer service. At retirement 50% of the account is annuitized in Participating Variable Annuity (PVA) backed by TIPS. All investment experience, expenses, and pooled longevity experience is passed to annuitants through periodic benefit adjustments. Annuities are priced uniformly based on age at commencement.

Description: Chairperson’s column discussing the state of the world today and how that influences investment strategies and describes to seminars the section sponsored to keep members apprised of changes.

Description: This article discusses the demographic trends as the “baby boomer” generation begins to retire, including implications for retirement plans, Social Security, and other considerations. Reprinted from the Federal Reserve Bank of San Francisco Economic Letter, Number 98–20, June 26, 1998.