The Intersection of Economics and Family Status in Late Life: xImplications for the Future

Abstract

The factors that influence economic status in late life are examined with particular attention to economic trends, public and private income maintenance policies, and marital and family relations. While the impact of these factors on today's retirees has been mostly positive, current trends are identified that may result in a retreat from the strong economic gains made by the elderly over the past 50 years. An examination of how changes in family structure and composition may affect the economic status of Baby Boomers in retirement is highlighted.

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