How does inflation impact near retirees and retirees?

Aubry, Jean-Pierre, and Laura D. Quinby. “How does inflation impact near retirees and retirees?”. Issue in Brief 24-12, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, June 2024. http://hdl.handle.net/2345/bc-ir:110141.
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Abstract

The brief's key findings are:(1) High inflation generally harms older households, but the impact varies by retirement status and wealth. (2) Retirees are hurt more than near retirees because, outside of Social Security, their income is less indexed to prices and they hold less fixed-rate debt. (3) Higher-wealth households -- both retirees and near retirees -- are more protected because they invest in assets that grow with inflation. (4) Next, the authors will use new survey data to assess how older households' responses to inflation influence these outcomes.

Title
How does inflation impact near retirees and retirees?
Author
Aubry, Jean-Pierre
Quinby, Laura D.
Center
Center for Retirement Research
Genre
report
Date Issued
June 2024
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
24-12
Persistent Link
http://hdl.handle.net/2345/bc-ir:110141
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing Retirement

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