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reduce retirement wealth by one-fifth, in fact, more than what a naive allocation strategy would yield. We outline …
Persistent link: https://www.econbiz.de/10013134338
This paper considers the prospects for adding choice of portfolio composition to a life cycle model of retirement and … saving, while preserving the ability of the model to continue to explain the course of saving and retirement. If eventually … successful, such a modification might be used to improve understanding of retirement and saving behavior both under the current …
Persistent link: https://www.econbiz.de/10014220205
percent of the price increases experienced since retirement. In analyzing changes in pension benefits reported by HRS …
Persistent link: https://www.econbiz.de/10014186624
Cognitive Economics Study and the Health and Retirement Study, we find strong evidence that individuals in financial occupations …
Persistent link: https://www.econbiz.de/10013135931
approaching their retirement, the average person approaching retirement age is not likely to suffer a life changing financial loss … been greatly exaggerated. If there is any postponement of retirement due to stock market losses, on average it will be a … background information that corrects misperceptions about pension holdings of the retirement age population. Pension coverage is …
Persistent link: https://www.econbiz.de/10014200513
Chile has been at the forefront of pension reform, having switched in 1980 from a pay-as-you-go system to a fully funded privatized accounts system. The Chilean system served as a model for reform in many other Latin American countries and has also been considered by U.S. policy makers as a...
Persistent link: https://www.econbiz.de/10013156173
In April of 2013, the Pension Research Council of the Wharton School at the University of Pennsylvania convened a Technical Review Panel, comprising ten experts whose task it was to review the Pension Benefit Guaranty Corporation's (PBGC) Pension Insurance Modeling System (PIMS), including...
Persistent link: https://www.econbiz.de/10010250706
affected Social Security benefits and taxes. The analysis uses data from the Health and Retirement Study to ask how different … stream and faced the same benefit formula. We find that for those in the Early Boomer cohort of the Health and Retirement …
Persistent link: https://www.econbiz.de/10013136157
How do low-income households think about retirement? Do they think about retirement? If so, when do they think they … think about retirement, although this does not necessarily mean they are able to plan and/or save actively for retirement …
Persistent link: https://www.econbiz.de/10013119924
experienced by all workers in this recession, could mean that laid-off disabled workers in their pre-retirement years may never … return to work. In this paper, we use data from the 2004-2010 waves of the Health and Retirement Study to examine how the …-being of disabled individuals nearing retirement …
Persistent link: https://www.econbiz.de/10013088002