Similar Search Results

Are You Sure You're Saving Enough for Retirement?

Skinner, Jonathan - 2007

Many observers believe current aging baby boomers are woefully unprepared for retirement. Others raise the prospect that Americans are saving too much for retirement. This paper attempts to reconcile these contrasting views using a simple life cycle model and a more sophisticated retirement...

Persistent link: https://www.econbiz.de/10012465675

Paternalism and Pseudo-Rationality

Fadlon, Itzik - 2017

by household optimization also arise in an economy with a rational planner who uses tools such as default savings and …

Persistent link: https://www.econbiz.de/10012455062

Household Portfolios and Retirement Saving over the Life Cycle

Parker, Jonathan A.; Schoar, Antoinette; Cole, Allison T.; … - National Bureau of Economic Research - 2022

This paper documents the share of investable wealth that middle-class U.S. investors hold in the stock market over their working lives. This share rises modestly early in life and falls significantly as people approach retirement. Prior to 2000, the average investor held less of their investable...

Persistent link: https://www.econbiz.de/10013172180

Life-Cycle Consumption Patterns at Older Ages in the US and the UK : Can Medical Expenditures Explain the Difference?

Banks, James - 2016

In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status,...

Persistent link: https://www.econbiz.de/10012456166

Themes in the economics of aging

Wise, David A. (ed.) - 2001

Persistent link: https://www.econbiz.de/10001570013

Annuity Prices and Saving Behavior in the United States

Friedman, Benjamin M. - 1985

The observed reluctance of most individuals in the United States to buy individual life annuities, and the concomitant approximately flat average age-wealth profile, stand in sharp contradiction to the standard life cycle model of consumption-saving behavior. The analysis in this paper lends...

Persistent link: https://www.econbiz.de/10012477397

The Importance of Default Options for Retirement Savings Outcomes : Evidence from the United States

Beshears, John - 2006

This paper summarizes the empirical evidence on how defaults impact retirement savings outcomes. After outlining the … defaults impact retirement savings outcomes at all stages of the savings lifecycle, including savings plan participation …, savings rates, asset allocation, and post-retirement savings distributions. The paper then discusses why defaults have such a …

Persistent link: https://www.econbiz.de/10012466662

The Size and Composition of Wealth Holdings in the United States, Italy, and the Netherlands

Kapteyn, Arie - 2003

This paper analyzes retirement saving and portfolio choice in the United States, Italy, and the Netherlands. While these countries enjoy roughly the same standard of living, they vary widely in their institutional organization of retirement income provisions. Building on extensions of the life...

Persistent link: https://www.econbiz.de/10012468512

Have IRAs Increased U.S. Saving? : Evidence from Consumer Expenditure Surveys

Venti, Steven F. - 1987

The vast majority of Individual Retirement Account contributions represent net new saving, based on evidence from the quarterly Consumer Expenditure Surveys (CES). The results are based on analysis of the relationship between IRA contributions and other financial asset saving. The data show...

Persistent link: https://www.econbiz.de/10012476852

Financial Literacy and Retirement Planning in the United States

Lusardi, Annamaria - 2011

We examine financial literacy in the United States using the new National Financial Capability Study, wherein we demonstrate that financial literacy is particularly low among the young, women, and the less-educated. Moreover, Hispanics and African-Americans score the least well on financial...

Persistent link: https://www.econbiz.de/10012461549

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