approaching retirement. It is not only households with low incomes that save little; a significant proportion of high income … different levels of asset accumulation by the time retirement age approaches …

In this paper, we examine several aspects of saving and dissaving after retirement. First, we argue that existing …

The effects on consumption and retirement of characteristics of the life cycle, especially the length of the horizon … effect on effort, but its magnitude is quite small. The panel from the Retirement History Survey is used, and life …-cycle effects on consumption and retirement are estimated jointly for 1973 and 1975. There is a weak small effect of a more distant …

with helping households accumulate liquid savings that can be deployed when urgent pre-retirement needs arise … financial shocks. One consequence of this financial vulnerability is that many individuals use a portion of their retirement … savings during their working years. For every $1 that flows into 401(k)s and similar accounts, between 30¢ and 40¢ leaks out …

of sensitivity to framing in investment decisions. Policymakers interested in enhancing retirement wellbeing would do …

We develop a life-cycle model of optimal retirement and savings behavior under complete markets where retirement is … proportionately, while, contrary to conventional views, reducing savings rates. The retirement age is not simply proportional to … retirement) and higher consumption (lower savings) …

This paper constructs a model of retirement and saving by two earner couples. The model includes three dimensions of … behavior: the joint determination of retirement and saving; heterogeneity in time preference; and the interdependence of … retirement decisions of husbands and wives. Estimation is based on panel data from the Health and Retirement Study covering the …

This paper specifies and estimates a structural dynamic stochastic model of the way individuals make retirement and … saving choices in an uncertain world, and applies that model to analyze the effects of the stock market bubble on retirement … behavior. The model includes individual variation both in retirement preferences and in time preferences. Estimates are based …

Using data from the Health and Retirement Study, this paper creates variables measuring knowledge about future social … misinformation, imprecision and lack of information about retirement benefits is the norm. Those who are most dependent on social … best informed about their pension benefits. Women and minorities are less well informed about both types of retirement …

This paper estimates reduced form retirement and wealth equations, and analyzes the relationship between them. Data are … from the first four waves of the longitudinal Health and Retirement Study, individuals born from 1931 to 1941. Single … equation retirement models relate the probability of retiring to forward looking measures of changes in the values of social …