The Composition and Draw-down of Wealth in Retirement

This paper presents evidence on the resources available to households as they enter retirement. It draws heavily on data collected by the Health and Retirement Study and calculates the "potential additional annuity income" that households could purchase, given their holdings of non-annuitized本文呈现了家庭进入退休阶段时可利用资源的相关证据。它大量借鉴了健康与退休研究（Health and Retirement Study）收集的数据，并基于家庭持有的非年金化资产，计算了其可购买的“潜在额外年金收入（potential additional annuity income）”。