The Drawdown Of Personal Retirement Assets

This paper presents evidence on the pattern of withdrawals at different ages. The authors find a relatively modest rate of withdrawals prior to the age at which households are required to take minimum required distributions. Only seven percent of PRA-owning households between the ages of 60 and 69 take annual distributions of more than ten percent of their PRA balance, and only 18 percent of PRA households in this age group make any withdrawals in a typical year.

Provided by: National Bureau of Economic Research Topic: Data Management Date Added: Jan 2011 Format: PDF

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