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An Empirical Analysis of Dairy Farm Reinvestment Versus Tax-Deferred Plans for Retirement Income

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  • Tauer, Loren W.

Abstract

This study empirically compares the retirement values of dairy farm investments to tax-deferred retirement investments that are funded with bank certificates of deposit or common stock. For a successful dairy farm, the results indicate that tax-deferred retirement plans that generate rates of return similar to certificates of deposit or common stock mutual funds are probably not as good an investment as reinvesting farm earnings back into the farm business.

Suggested Citation

  • Tauer, Loren W., 1984. "An Empirical Analysis of Dairy Farm Reinvestment Versus Tax-Deferred Plans for Retirement Income," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 13(1), pages 1-6, April.
    • Handle: RePEc:ags:nareaj:159251
    DOI: 10.22004/ag.econ.159251
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    References listed on IDEAS

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    1. Anderson, Jock R. & Dillon, John L. & Hardaker, Brian, 1977. "Agricultural Decision Analysis," Monographs: Applied Economics, AgEcon Search, number 288652, November.
    2. Spence, Lyle C. & Mapp, Harry P., 1976. "A Retirement Income Simulation Model for Farm Operators," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 8(1), pages 163-168, July.
    3. Spence, Lyle C. & Mapp, Harry P., Jr., 1976. "A Retirement Income Simulation Model For Farm Operators," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 8(1), pages 1-6, July.
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    Agribusiness; Agricultural Finance;

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