wealth and investment in health. Financial literacy is also correlated with wealth though it appears to be a weaker predictor … of sensitivity to framing in investment decisions. Policymakers interested in enhancing retirement wellbeing would do …

Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … period). These findings strongly suggest that the Wealth Decumulation (or Retirement Saving) Puzzle (the tendency of the … our main findings, we find that less than half of the retired elderly in Europe are decumulating their wealth and that the …

We conduct a randomized controlled trial to understand how a web-based retirement saving calculator affects workers …' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goal. In the treatment … condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between …

forms of wealth. Rather, counting pensions in total wealth, those with more valuable pensions save more for retirement … increasing financial literacy will increase the wealth of households as they enter into retirement …In sum, numeracy does not influence wealth in whole or in part by affecting financial knowledge of one's pension plan …

, precautionary savings and retirement planning are positively correlated, but this is mostly driven by perceived, not actual …

Financial literacy and Canadians' capacity to plan for retirement is of primary importance for the policy debate over … and retirement planning in Canada to investigate how financially literate Canadians are and who does plan for retirement … that has been consistently found in other countries as well. Retirement planning is strongly associated with financial …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … many determinants of wealth. Moreover, we discuss two channels through which financial literacy might facilitate wealth … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a …

financial literacy and retirement planning, we develop an IV strategy by making use of regional variation in the financial … knowledge of peers. We find a positive impact of financial knowledge on retirement planning …

We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …