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Wharton-SMU Research Centre
Guest Speaker:
Olivia S. Mitchell
International Foundation of Employee Benefit Plans Professor; Professor of Insurance and Risk Management and Business and Public Policy, The Wharton School, University of Pennsylvania
Date & Venue:
Date: 4 June 2007, Monday
Time: 5.00pm-6.30pm (a light buffet dinner will be served after the presenation)
Venue: Conference Hall 1, Level 5, Administration Building
Singapore Management University
81 Victoria Street, Singapore 188065
(Location Map)
Topic:
Abstract:
This paper compares wealth holdings across two cohorts of the Health and Retirement Study: the early Baby Boomers surveyed in 2004, and individuals in the same age group in 1992. We find that levels and patterns of total net worth have changed relatively little over time, though Boomers will rely more on housing equity than their predecessors. Most importantly, planners in both cohorts approached retirement with much higher wealth levels and display higher financial literacy than non-planners . Instrumental variable estimates show that planning behavior can explain the differences in savings and why some people near retirement with very little or no wealth.
Registration:
Admission is on first-come-first-served. Please register early for this free seminar to avoid disappointment.
To register, please click here
Enquiries:
Ms. Lim Lih Yeng
Email: lylim@smu.edu.sg, Tel: 6828-0197
Ms. Priscilla Cheng
Email: priscillacheng@smu.edu.sg, Tel: 6828-0383
Ms. Rozana Bte Osman
Email: rozanaosman@smu.edu.sg, Tel: 6828-0802
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