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February 23, 2011, Featured Articles, Behavioral finance, Research

Will New Retirees Rush to Spend Their Savings?

By Kerry Pechter   Wed, Feb 23, 2011

A study by MIT's James Poterba (left) and others shows that current retirees tend to hoard 401(k) and traditional IRA assets, along with home equity, against possible future emergencies.


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