The Retirement-Consumption Puzzle

Anticipated and Actual Declines in Spending at Retirement

Michael D. Hurd, Susann Rohwedder

Published 2003

The authors find that data on anticipated consumption changes at retirement and on realized consumption changes following retirement show that reductions in consumption at retirement are fully anticipated.

Document Details

  • Availability: Web-Only
  • Year: 2003
  • Paperback Pages: 33
  • Document Number: DRU-3009

Citation

RAND Style Manual
Hurd, Michael D. and Susann Rohwedder, The Retirement-Consumption Puzzle: Anticipated and Actual Declines in Spending at Retirement, RAND Corporation, DRU-3009, 2003. As of September 5, 2024: https://www.rand.org/pubs/drafts/DRU3009.html
Chicago Manual of Style
Hurd, Michael D. and Susann Rohwedder, The Retirement-Consumption Puzzle: Anticipated and Actual Declines in Spending at Retirement. Santa Monica, CA: RAND Corporation, 2003. https://www.rand.org/pubs/drafts/DRU3009.html.
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