Tuesday, January 25, 2005

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[IWS] BLS: Compensation & Working Conditions Online (RETIREMENT SAVINGS of BABY BOOMERS) [24 January 2005]

IWS Documented News Service
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Institute for Workplace Studies                 Professor Samuel B. Bacharach
School of Industrial & Labor Relations          Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                  Stuart Basefsky
New York, NY 10016                      Director, IWS News Bureau
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Compensation and Working Conditions Online, January 2005
http://www.bls.gov/opub/cwc/home.htm

Comparing the Retirement Savings of the Baby Boomers and Other Cohorts (01/24/2005)
http://www.bls.gov/opub/cwc/cm20050114ar01p1.htm
Abstract:
This study compares the retirement savings behavior of four different age cohorts and finds that Older Baby Boomers (born from 1946 to 1954) are somewhat more likely than the other cohorts to hold a retirement account. It also finds that households in the Swing cohort (1928 to 1945) hold the largest amount of retirement savings, followed by, in order, households in the Older Boomers, Younger Boomers (1955 to 1964), and Generations X and Y (1965 to 1987) cohorts.

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Stuart Basefsky                 *
Director, IWS News Bureau               *
Institute for Workplace Studies *
Cornell/ILR School                      *
16 E. 34th Street, 4th Floor            *
New York, NY 10016                      *
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