Faculty Publications

Title

An Asset Hiding in Plain Sight

Document Type

Article

Publication Date

2-11-2016

Abstract

What doRobert C. Merton, Nobel Laureate and MIT Professor ; Wade Pfau, Princeton PhD, CFA, Professor of Retirement Income at the American College; John Salter, PhD, CFP, Associate Professor Department of Personal Financial Planning at Texas Tech University; and Barry S. Sacks, MIT PhD, Harvard JD have in common? One answer would be that they, like other academicians in a range of disciplines, are concerned that American Boomer retirees will fall woefully short in providing for themselves as they begin to draw against their defined contribution plans.