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 …

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 …

reduces the stock of private retirement assets by 58% of GDP.While the sample size is limited, the results are robust to other …

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 …

explaining the observed variation in retirement behaviour across different types of households. We specify and estimate models … to decompose the observed differences in retirement trends of the different demographic subgroups into differences in … preferences and differences in theavailability and generosity of the retirement options. …

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

Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the …