Skip to page content

Personal Finance

Personal Finance

Related Topics

Research

Are Income Share Agreements a Viable Alternative to Student Loans?

Aug 22, 2023
Research

Americans' Spending Declines Consistently After Age 65

Dec 7, 2022

Explore RAND’s Work on this Topic

130 Results

number of items to display at a time

May 12, 2023

RAND Review: May-June 2023

The cover story commemorates RAND's 75th anniversary. One feature article explores what it would take to eliminate racial wealth disparities in the United States; another highlights a promising mental health first aid initiative in New York City.
Article

May 9, 2023

What Would It Take to Close America's Black-White Wealth Gap?

White Americans hold ten times more total wealth than Black Americans, a disparity that has worsened in recent decades. RAND researchers modeled wealth across millions of households and tested several funding scenarios to see which could most effectively close the gap.
Commentary

Dec 7, 2022

To Help African Americans Gain Generational Wealth, Look to the Housing Market

African American families have significantly less wealth than White families, even after reaching the middle class. Home ownership is, for the vast majority of Americans, the primary vehicle for accruing wealth, and passing it down through generations. This is a crucial time for policymakers to consider policies that focus on improving home ownership rates for African Americans.
Press

Dec 7, 2022

Americans' Spending Declines Consistently After Age 65; Finding Applies Broadly Across All Wealth Groups

Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources. The findings contradict traditional wisdom that spending will be constant or even increase during older age, and suggests that individuals and couples could spend more early in retirement.
Research

Dec 7, 2022

Accounting for Black-White Wealth Differences: A Stylized Model of Wealth Accumulation

This report presents a stylized model of wealth accumulation that accounts for patterns in income and wealth shown in prior research to illustrate how various factors contribute to Black-white wealth differences.
Research

Dec 7, 2022

Overcoming Compound Racial Inequity: Policies and Costs for Closing the Black-White Wealth Gap

The wealth gap between Black and white Americans is the result of inequities compounded over time. Using Survey of Consumer Finances data, the authors analyze the wealth gap and the potential impacts of disparity-reducing wealth-allocation policies.
Research

Dec 7, 2022

Examining the Loss of Wealth and Downward Mobility of African Americans: A Review of Challenges for the Black Middle Class

The position of middle-class African Americans remains precarious despite post-Civil Rights era gains. In this report, the author reviews research on the factors that may contribute to the downward mobility rates of middle-class African Americans.
Press

Dec 7, 2022

Investigating the U.S. Racial Wealth Gap

The gap in wealth between Black and white Americans is a product of historical realities that continue to shape economic outcomes. Policy interventions to address current wealth disparities must understand the long-standing inequities that contributed to them.
Research

Dec 5, 2022

Spending Trajectories After Age 65: Variation by Initial Wealth

This report presents estimates of household spending trajectories from age 65 through the retirement years and how the trajectories vary by initial wealth position. The results help to anticipate and plan for household spending needs at older ages.
Research

Nov 23, 2022

Saving Regret and Procrastination

Saving regret, or the wish in hindsight to have saved more earlier in life, is widespread in older populations. Little of the variation is explained by procrastination and psychological factors. Unemployment, health, and divorce are larger factors.
Research

Sep 29, 2022

Credit Building or Credit Crumbling? A Credit Builder Loan's Effects on Consumer Behavior and Market Efficiency in the United States

We use a randomized encouragement design and predictive modeling to examine impacts of a credit-builder loan (CBL) on borrowers, providers, and credit market information.
Event

Aug 23, 2022

RAND Behavioral Finance Forum 2022

The 2022 conference of the RAND Behavioral Finance Forum, which brings together leaders from academia, government, regulatory agencies, policy analysis, and industry to share the latest research and exchange ideas on how to leverage behavioral principles to promote financial well-being.

First
Previous
Page 2 of 11
Next
Last