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

Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …

How households draw down their balances in personal retirement accounts (PRAs) such as 401(k) plans and IRAs can have … an important effect on retirement income security and on federal income tax revenues. This paper examines the withdrawal … behavior of retirement-age households in the SIPP and finds a modest rate of withdrawals prior to the age of 701⁄2, the age at …

This paper constructs a structural retirement model with hyperbolic preferences and uses it to estimate the effect of … preferences. Sophisticated hyperbolic discounters may accumulate substantial amounts of wealth for retirement. We find it is … accumulation paths or consumption paths around the period of retirement. The simulations also suggest that, despite the much higher …

affected Social Security benefits and taxes. The analysis uses data from the Health and Retirement Study to ask how different … and Retirement Study, ages 51 to 56 in 2004, that after adjusting for nominal wage growth, benefits were increased by 1 …

Most state and local retirement plans strive for full funding, at least by actuarial standards. Funding measured at …

This paper highlights unanswered research questions in the economics of retirement, and shows how these issues can be … addressed using the new Health and Retirement Survey (HRS). Unique features of the survey are described including administrative … are indicators of retirement plans, health status, family structure, income, wealth and employer policies affecting job …

Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due … to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship … between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While …

their assets to provide a stream of income to finance consumption in old age. This `modern' retirement behavior, we argue …

This paper explores the impact of target CEOs' retirement preferences on the incidence, the pricing, and the outcomes … benefits of staying employed until the planned retirement date. Using retirement age as an instrument for CEOs' private merger … below age 65 but increases to 6% for the retirement-age group, a 50% increase in the odds of receiving a bid. This increase …