Xu, Xiaobo; Young, Martin R.; Zou, Liping; Fang, Jiali - In: Journal of risk and financial management : JRFM 16 (2023) 2, pp. 1-38
We use the 2018 survey data from the Household, Income, and Labour Dynamic (HILDA) in Australia and the Household Economic Survey (HES) in New Zealand to investigate the retirement income sufficiency in Australia and New Zealand. Our baseline results indicate that the annuitized net wealth is...