In this study we gauge the impact of social interactions on individual retirement preferences. A survey including self …-assessments and vignette questions shows that individual preferences are affected by preferences and actual retirement behavior of the … social environment. Retirement from paid work depends on the retirement age of relatives, friends, colleagues and …

based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement … spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement. The reduction cannot …

Theory predicts a number of mechanisms through which survival expectations influence retirement decisions: a wealth … Ageing to test whether the timing of retirement is responsive to subjective survival expectations. Measurement error in … sensitive to allowing for endogeneity. Surprisingly, the retirement behaviour of the less educated is more sensitive to survival …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a …

skills may beinadequate to cope with the increasing responsibility for making retirement decisions. In thispaper, we examine … the relationship between financial knowledge and retirement planning inthe Netherlands. For this purpose, we have designed … associationbetween financial knowledge and retirement planning. Using information on economicseducation when young, we show that the …