Showing 1 - 10 of 441
better retirement planning. However, relatively little is known about the decision making process for retirement savings … preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement …
Persistent link: https://www.econbiz.de/10011986020
Defaults have been shown to have a powerful effect on retirement saving behavior yet there is limited research on who … data on employer-sponsored retirement accounts linked to survey data, we estimate the relationship between retirement …
Persistent link: https://www.econbiz.de/10012056946
We conduct a randomized controlled trial to understand how a web-based retirement saving calculator affects workers …' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goal. In the treatment … condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between …
Persistent link: https://www.econbiz.de/10013470207
Radical changes have been implemented to pension schemes across the UK public sector from April 2015. This paper … simulates how these changes will affect the lifetime pension and how the negotiated pension changes compare across six public … sector schemes by level of education. Specifically, we simulate the occupation specific Defined Benefit (DB) pension wealth …
Persistent link: https://www.econbiz.de/10011476325
assume responsibility for a greater share of their future retirement saving and health and long-term care costs. Financial … financial literacy is an important determinant of financial protection in the older pre-retirement population in Ireland. Using … with higher total household wealth, lower financial stress and higher expected retirement income. We find little evidence …
Persistent link: https://www.econbiz.de/10011986014
annuitization decision as well as how quickly or slowly to spend down assets in retirement. Accordingly, we conclude that narrow …
Persistent link: https://www.econbiz.de/10011997340
form of supplementary pension cover than the employed. These lower retirement rates and lower degrees of pension cover … labour market career may reflect lower rates of retirement among the self-employed compared to employees, as well as …-employed people at older ages in Ireland results from lower retirement rates among the self-employed and not from transitions from …
Persistent link: https://www.econbiz.de/10011881438
from a lack of pension income. In this paper, we use data from the first four waves of the Irish Longitudinal Study of …+. We find that a lack of pension income is an important determinant of later-life working and that this applies for both …
Persistent link: https://www.econbiz.de/10011881446
disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life … approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g., the Case …
Persistent link: https://www.econbiz.de/10011595922
this, I evaluate pension reforms in Soviet Russia in 1964 and 1969 that allowed pensioners to receive a greater share of …
Persistent link: https://www.econbiz.de/10012138755