Many organizations provide retirement planning seminars to their employees as a benefit to help them make better … informed retirement decisions. This study examines the participants in 85 seminars conducted by five companies in 2008 and 2009 … to determine how much learning takes place and whether employees adjust retirement plans. Using surveys conducted before …

. We then use panel data from the Health and Retirement Study to investigate whether individuals' actual claiming behavior …

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

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 …

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 presents evidence on the resources available to households as they enter retirement. It draws heavily on … data collected by the Health and Retirement Study and calculates the "potential additional annuity income" that households … could purchase, given their holdings of non-annuitized financial assets at the start of retirement. Even if households used …

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 …

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 …

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