How might retirees consider deploying the retirement assets accumulated in a defined contribution pension plan? One …

workers lost a substantial portion of their retirement saving. The financial sector implosion produced an economic crisis for … retirement, and annuitization decisions. We do so with a realistically calibrated lifecycle framework allowing for time …-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …

Using data from the US Health and Retirement Study, we study the causal effect of increased health insurance coverage …

Retirees confront the difficult problem of how to manage their money in retirement so as to not outlive their funds … allocation decisions when managing her retirement financial wealth and annuities, and we prove that she can benefit from both the … equity premium and longevity insurance in her retirement portfolio. Even without bequests, she will not fully annuitize …

through retirement accounts only. Household characteristics influence stockholding through retirement accounts conditional on … owning retirement accounts, unlike what happens with stockholding through mutual funds. Although stockholding is more common … among retirement account owners, this fact is mainly due to their characteristics that led them to buy retirement accounts …

We investigate, using the 2002 US Health and Retirement Study, the factors influencing individuals' insecurity and …

with the ownership of stocks, mutual funds and individual retirement accounts, as well as with the willingness to take …

. Financial literacy impacts financial decision-making. Failure to plan for retirement, lack of participation in the stock market …