This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed … psychological and retirement planning constructs, but also in the robustness of the path models. These findings suggest that policy …

This paper focuses on the relation between worker's productivity and retirement decision. Assuming that productivity … worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level … of income and benefits is set to maximize lifetime utility. In such framework we find the retirement threshold of …

Theoretical models predict a positive impact of the level of individual wealth on the job exit probability. Empirically … this prediction is most likely to be relevant for elderly workers who have accumulated wealth throughout their working life … the introduction of more individual freedom of choice in pension schemes. The individual level of wealth will become an …

pension wealth, accrual and peak value are significant determinants of retirement decisions, although their effect is weaker …We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain …. Individual measures of pension wealth, peak and accrual values are constructed using labor market histories and health shocks are …

This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction … their retirement probability increases in a sizable way. We also find that the procedure to impute seniority used in …

This study investigates whether many people fear an unexpected shock in their financial situation around retirement and … conditional distribution of expectations and realizations, suggest that individuals around retirement are overly pes- simistic and …

Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly … workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore … important to include a rich set of observed characteristics in an empirical model for retirement in order to measure the …

rnarket status is expected to have a (reverse) causal effect on health. A solution to the 'Health and Retirement Nexus …