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This paper explores the relationship between household type and asset accumulation. Householders are distinguished principally along standard demographic lines — whether they marry, divorce, separate, or become widowed. Recently, new data have become available that place far more emphasis on the breadth and quality of asset measurement. One of these new surveys — the Health and Retirement Survey (HRS) — is ideal for depicting the nature and magnitude of wealth disparities across households. Wealth is one of the core modules, and, as a result, considerable survey resources and time were spent in improving the quality and inclusiveness of the asset information collected. Unfortunately, at the current time only baseline HRS data are available. To model the dynamic process of household accumulation, the 1984 and 1989 wealth modules of the Panel Study of Income Dynamics (PSID) are used.

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