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Smock cited in story on how low marriage rates may exacerbate marriage-status economic inequality

Shapiro says Americans' seemingly volatile spending pattern linked to 'sensible cash management'

Work of Cigolle, Ofstedal et al. cited in Forbes story on frailty risk among the elderly

Highlights

Susan Murphy named Distinguished University Professor

Sarah Burgard and former PSC trainee Jennifer Ailshire win ASA award for paper

James Jackson to be appointed to NSF's National Science Board

ISR's program in Society, Population, and Environment (SPE) focuses on social change and social issues worldwide.

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Frank P. Stafford

Stafford finds shrinking proportion of labor force with retirement accounts

a PSC In The News reference

"U-M Analysis: Fewer Have Retirement Funds, More Raid Them" - CBS - Detroit. 02/06/2013.

Frank Stafford and Thomas Bridges found that over the past decade a smaller percent of Americans initiated retirement accounts and more were dipping into them prior to retiring. Although defined benefit plans restrict pre-retirement withdrawls, other types of now-common options do not. Stafford says: ““If you leave people to their own devices, it’s tempting for them to use this money before they retire... So allowing pre-retirement access to these funds is a problem.” Full paper.

Researchers:

Frank P. Stafford
Thomas Bridges

More Media Coverage:

CNN - Fortune. More employees are raiding their retirement accounts. 2/27/2013.

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