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 …

This study investigates whether many people fear an unexpectedshock in their financial situation around retirement and … distribution of expectations andrealizations, suggest that individuals around retirement are overly pes-simistic and attach more …

We estimate and explain the impact of early retirement of husbands on their wives ́probability to retire within one … approach in which the retirement choice of husbands is instrumented with eligibility rules for generous early retirement … benefits that were temporarily and unexpectedly available to them. We find that early retirement opportunities of husbands …

incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …

Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …

the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform increased the labor supply for the …

We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test …

increasingly important factor in the retirement decision. Therefore it is relevant to know whether workers with a different …