Right order. [laughter] prof. Wallis and i dont even remember who the president was in 1980, and i tried to go online and i couldnt find out. Maybe we should make that part of the past president s of eha on both website. And then i thought, i dont need to talk much about price because Everybody Knows who price is. Then i remembered, we had no idea who people were the first time we went. There was the three of us, and we were from the university of washington, and none of the faculty members were there. We had a whole raft of historians, but nobody was there. Price and i and my wife terri, it was like being on survivor. We were on this island. [laughter] prof. Wallis you know. So now hpa does a better job taking care of grad students. That is all good but i realized there is a bunch of you you who , know who price is, but you really know him. [laughter] prof. Wallis so i wanted to do that, but then when i thought back about president ial addresses, the next year was st. Louis in 1981 an
I went to was 1980 in boston. My wife and i were in graduate school. We didnt have much money. My wife and i shared a room with price. [laughter] i said that in the right order. [laughter] and i dont even remember who the president was in 1980, i tried to go online and i couldnt find out. Maybe we should put past president s on the website. And then i thought, i dont need to talk much about price because Everybody Knows who price is. And we had no idea who people were the first time we went. There were three has of us three of us from the university of washington, and none of the faculty was there. We had a raft of economic store historians but nobody was there. ,rice and i and my wife terri it was like being on survivor. We were on this island. The hpa does a better job taking care of grad students. But i realize there is a bunch of you who know who price is, but you really dont know. But thened to do that, when i thought back about president ial addresses, the next year was st. Louis
To be here today to celebrate prices former presidency of the American History association. The first eha meeting price and i went to was 1980 in boston. My wife and i were in graduate school. We didnt have much money. My wife and i shared a room with price. [laughter] i said that in the right order. [laughter] and i dont even remember who the president was in 1980, i tried to go online and i couldnt find out. Maybe we should put past president s on the website. And then i thought, i dont need to talk much about price because Everybody Knows who price is. And we had no idea who people were the first time we went. There were three of us from the university of washington, and none of the faculty was there. We had a lot of historians but nobody was there. Price and i and my wife terri, it was like being on survivor. We were on this island. Now, the hpa does a better job taking care of grad students. But i realize there is a bunch of you who know who price is, but you really dont know. So
Thank you very much for coming today. I think well get started. Welcome to all the American Enterprise institute. Im andrew biggs. And todays session is titled what can irs data tell us about Retirement Income. I can imagine a bgrade thriller movie that the tag line said what if everything you knew were wrong. This is a slightly modified version. The tag line might be, what if many of the things you know were wrong and what if many of those were about Retirement Incomes . Its not something quite as thrilling but something thats actually very, very important. And i think the fact is that much of what we think we know about Retirement Incomes, the statistics that drive Government Policies regarding Social Security and Retirement Plans may in fact be wrong. We think we know what retirees incomes are, what their poverty rates are, how dependent they are on Social Security benefits and how much they receive from private Retirement Plans. I can pull some of those statistics from my head. The
Welcome to all of the American Enterprise institute. Im mr. Bigs, scholar here at aei, todays session is what can irs data tell us about Retirement Incomes. When i was give this task, i thought a b grade tag line of what if everything you knew were wrong. This is a modified version of the tag line. What if many of the things were wrong and what if many of those were about Retirement Incomes of it is a not as thrilling but its something that is very important. And i think the fact is that much of what we think about we know about Retirement Incomes, the statistics that drive Government Policies regarding Social Security and Retirement Plans may be wrong. We think we know what retirement rates are, poverty rates are, how much they receive from private Retirement Plans. Can i pull some of those statistics from my head. The poverty rate for americans over 65 is a little bit under 10 . About a third of retiries receive almost all of their income from Social Security benefits. Those are stat