show that people who score higher on the financial literacy questions are also much more likely to plan for retirement …

of sensitivity to framing in investment decisions. Policymakers interested in enhancing retirement wellbeing would do …

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 … savings plan has been shown to boost wealth. Overall, financial literacy, both directly and indirectly, is found to have a …

financial literacy and retirement planning, we develop an IV strategy by making use of regional variation in the financial … knowledge of peers. We find a positive impact of financial knowledge on retirement planning …

We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …

Relatively little is known about why people fail to plan for retirement and whether planning and information costs … might affect retirement saving patterns. This paper reports on a purpose-built survey module on planning and financial … literacy for the Health and Retirement Study which measures how people make financial plans, collect the information needed to …

retirement savings …Financial literacy and Canadians' capacity to plan for retirement is of primary importance for the policy debate over … and retirement planning in Canada to investigate how financially literate Canadians are and who does plan for retirement …

, precautionary savings and retirement planning are positively correlated, but this is mostly driven by perceived, not actual …

Using data from the Health and Retirement Study, this paper creates variables measuring knowledge about future social … misinformation, imprecision and lack of information about retirement benefits is the norm. Those who are most dependent on social … best informed about their pension benefits. Women and minorities are less well informed about both types of retirement …

This paper constructs a model of retirement and saving by two earner couples. The model includes three dimensions of … behavior: the joint determination of retirement and saving; heterogeneity in time preference; and the interdependence of … retirement decisions of husbands and wives. Estimation is based on panel data from the Health and Retirement Study covering the …