increase retirement savings. However, gauging the relative efficacy of these approaches is challenging because the supporting … rates, active choice, and automatic enrollment) designed to increase retirement savings. Consistent with previous literature …, we find sizable effects of savings interventions on participation and cumulative contributions that increase with the …

a simple life cycle explanation for savings. They also raise questions about whether pensions are fundamentally a tax … and Retirement Study (HRS), and the role of pensions in forming retirement wealth. Pension coverage is widespread … those with pensions than for those without pensions. Multivariate regressions relating total wealth to pension coverage and …

optimal savings and therefore the level of unintended bequests. While those bequests may have no value to the retirees, they …

little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent … retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing … a cross-country panel of macroeconomic data, we find that increased longevity raises aggregate savings rates in …

Retirement savings decisions should depend on expectations of Social Security retirement income. Persons may be … savings …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … change the level of pensions, but only manipulated the knowledge about and salience of expected pension payments. Using … on private retirement savings. Our results show that the letters increase private retirement savings. The effects are …