Similar Search Results

Individual Financial Decisions in Retirement Saving Plans and The Provision of Resources for Retirement

Poterba, James M. - 1996

Proposals for mandatory private saving accounts differ in the degree of investment discretion that they provide to individual savers, and in their provisions for annuitization of accumulated assets. With respect to investment choices, some argue that individuals must be prevented from investing...

Persistent link: https://www.econbiz.de/10012473072

Lump-Sum Distributions from Retirement Saving Plans : Receipt and Utilization

Poterba, James M. - 1995

One of the central issues in evaluating the ongoing shift from defined benefit (DB) to defined contribution (DC) pension plans is the degree to which assets in DC plans will be withdrawn before plan participants reach retirement age. The annual flow of withdrawals from such plans, which are...

Persistent link: https://www.econbiz.de/10012473572

How Will Persistent Low Expected Returns Shape Household Economic Behavior?

Horneff, Vanya - 2018

Many believe that global capital markets will generate lower returns in the future versus the past. We examine how persistently lower real returns will reshape work, retirement, saving, and investment behavior of older persons using a calibrated dynamic life cycle model. In a low return regime,...

Persistent link: https://www.econbiz.de/10012480785

Default, Framing and Spillover Effects : The Case of Lifecycle Funds in 401(k) Plans

Mitchell, Olivia S. - 2009

Important behavioral factors such as default and framing effects are increasingly being employed to optimize decision-making in a variety of settings, including individually-directed retirement plans. Yet such approaches may have unintended "spillover" effects, as we show with regard to the...

Persistent link: https://www.econbiz.de/10012463542

Life-cycle Investing and Leverage : Buying Stock on Margin Can Reduce Retirement Risk

Ayres, Ian - 2008

This paper is no longer available on-line from the NBER. A revised version of the paper has been published as "Diversification Across Time" in the Journal of Portfolio Management 39 (Winter 2013), pp.73-86

Persistent link: https://www.econbiz.de/10012464551

Optimal Life-Cycle Investing with Flexible Labor Supply : A Welfare Analysis of Life-Cycle Funds

Gomes, Francisco J. - 2008

We investigate optimal consumption, asset accumulation and portfolio decisions in a realistically calibrated life-cycle model with flexible labor supply. Our framework allows for wage rate uncertainly, variable labor supply, social security benefits and portfolio choice over safe bonds and risky...

Persistent link: https://www.econbiz.de/10012464683

Simplification and Saving

Beshears, John - 2006

-cost intervention that substantially simplifies the retirement savings plan participation decision. Individuals received an opportunity … to enroll in a retirement savings plan at a pre-selected contribution rate and asset allocation, allowing them to … increase contribution rates among employees who are already participating in a savings plan …

Persistent link: https://www.econbiz.de/10012466002

Life-Cycle Asset Accumulation and Allocation in Canada

Milligan, Kevin - 2004

This paper documents the life-cycle patterns of household portfolios in Canada, and investigates several hypotheses about asset accumulation and allocation. Inferences are drawn from the 1999 Survey of Financial Security, with some comparisons to earlier wealth surveys from 1977 and 1984. I find...

Persistent link: https://www.econbiz.de/10012467829

Utility Evaluation of Risk in Retirement Saving Accounts

Poterba, James - 2003

The shift from defined benefit to defined contribution plans in the United States has drawn new attention to the effect of participants' asset allocation decisions on their financial resources for retirement. This paper develops a stochastic simulation algorithm to evaluate the effect of holding...

Persistent link: https://www.econbiz.de/10012468805

Investor Behavior and the Purchase of Company Stock in 401(k) Plans - The Importance of Plan Design

Liang, Nellie - 2002

Using panel data for nearly 1,000 companies during 1991 to 2000, this paper documents that the average share of participant's discretionary 401(k) contributions in company stock was almost 20 percent, and then relates this share to plan design features and firm financial characteristics. We find...

Persistent link: https://www.econbiz.de/10012469580

1
2
3
4
5
6
7
8
9
10
Next
Last