James, R. N., & Sharpe, D. L. (2007). Is time running out? Savings and investments of renters nearing retirement age. Financial Counseling and Planning, 18(2), 61-75.
Brief Description: This study explored how renters age 45-64 prepare for retirement without any home equity. Compared with otherwise similar homeowners, renters nearing retirement were less likely to contribute to retirement savings plans (e.g. 401(k)s and IRAs), invested less when they did contribute, and favored short-term convenience accounts (e.g., checking and savings) with …