{
    "name": [
        {
            "role": "creator",
            "namePart": [
                "De Nardi, Mariacristina"
            ],
            "recordInfo": {
                "recordIdentifier": [
                    "8220"
                ]
            }
        },
        {
            "role": "creator",
            "namePart": [
                "French, Eric (Eric Baird)"
            ],
            "recordInfo": {
                "recordIdentifier": [
                    "8240"
                ]
            }
        },
        {
            "role": "creator",
            "namePart": [
                "Jones, John Bailey"
            ],
            "recordInfo": {
                "recordIdentifier": [
                    "8283"
                ]
            }
        },
        {
            "role": "creator",
            "namePart": [
                "McGee, Rory"
            ],
            "recordInfo": {
                "recordIdentifier": [
                    "10513"
                ]
            }
        }
    ],
    "genre": [
        "article"
    ],
    "abstract": [
        "While the savings of retired singles tend to fall with age, those of retired couples tend to rise. We estimate a rich model of retired singles and couples with bequest motives and uncertain longevity and medical expenses. Our estimates imply that while medical expenses are an important driver of the savings of middle-income singles, bequest motives matter for couples and high-income singles and generate transfers to nonspousal heirs whenever a household member dies. The interaction of medical expenses and bequest motives is a crucial determinant of savings for all retirees. Hence, to understand savings, it is important to model household structure, medical expenses, and bequest motives."
    ],
    "language": [
        "eng"
    ],
    "titleInfo": [
        {
            "title": "Why Do Couples and Singles Save During Retirement?",
            "titlePartNumber": "Working Paper 21-09"
        }
    ],
    "identifier": [
        {
            "$": "https:\/\/doi.org\/10.21144\/wp21-09",
            "@type": "doi"
        }
    ],
    "originInfo": {
        "issuance": "multipart",
        "sortDate": "2021-05-27",
        "dateIssued": "May 27, 2021"
    },
    "recordInfo": {
        "recordIdentifier": [
            "603945"
        ],
        "recordUpdatedDate": "2026-02-23 17:08:44",
        "recordCreationDate": "2021-06-14 11:43:07",
        "recordType": "item"
    },
    "typeOfResource": "text",
    "physicalDescription": {
        "form": "electronic",
        "extent": "66 pages",
        "digitalOrigin": "born digital",
        "internetMediaType": [
            "application\/pdf"
        ]
    },
    "location": {
        "url": [
            "https:\/\/fraser.stlouisfed.org\/title\/working-papers-federal-reserve-bank-richmond-3942\/couples-singles-save-retirement-603945"
        ],
        "iiif_manifest_url": [
            "https:\/\/iiif.slf.digirati.io\/presentation\/item\/603945"
        ],
        "apiUrl": [
            "https:\/\/fraser.stlouisfed.org\/api\/item\/603945"
        ],
        "pdfUrl": [
            "https:\/\/fraser.stlouisfed.org\/docs\/historical\/frbrich\/wp\/frbrich_wp21-09.pdf"
        ],
        "textUrl": [
            "https:\/\/fraser.stlouisfed.org\/files\/text\/historical\/frbrich\/wp\/frbrich_wp21-09.txt"
        ]
    },
    "relatedItem": [
        {
            "@type": "parent",
            "recordInfo": {
                "recordIdentifier": [
                    "3942"
                ]
            },
            "titleInfo": [
                {
                    "title": "Working Papers (Federal Reserve Bank of Richmond)"
                }
            ],
            "name": [
                {
                    "role": "creator",
                    "namePart": [
                        "Federal Reserve Bank of Richmond"
                    ],
                    "recordInfo": {
                        "recordIdentifier": [
                            "521"
                        ]
                    }
                }
            ]
        }
    ],
    "accessCondition": "For more information on rights relating to this item, please see: https:\/\/fraser.stlouisfed.org\/title\/working-papers-federal-reserve-bank-richmond-3942\/couples-singles-save-retirement-603945"
}