same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … personal assets. In this paper, we investigate the relationship between financial literacy and household net worth, relying on … comprehensive measures of financial knowledge designed for a special module of the Dutch Central Bank Household Survey (DHS). Our …

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 …

price risks after retirement. We analyze low demand using a life-cycle model structurally estimated with a unique stated …

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 …

-market activities, reducing leisure time and mostly increasing time devoted to household production. Similar results are found using …-side explanation for the frequently observed discrete drop from full-time work to complete retirement …

individuals within a household when one or more members transitions from full time work to not working. Our basic finding is that … the ratio of home production to leisure time is approximately constant for both family members. We then build a model of … household labor supply to understand the implications of this finding for preferences and the home production function. We …

The typical family in the US is now a dual-earner couple, yet relatively few studies examine the retirement decision in … a household context. This paper explores how husbands' and wives' retirement behavior is influenced by their own … may be due to asymmetric complementarities of leisure. Policy simulations suggest that the omission of spillover effects …

give an explanation of the findings. Similarity of retirement dates could be caused by similarity of tastes (assortative … mating), by economic variables, or by the complimentarity of leisure. Each explanation would have different implications for … the response of retirement to policy changes. Both simple data analysis and economic models of the age of retirement point …

with annuities financed by Personal Retirement Accounts. We showed that such a combination could maintain the level of … retirement income projected in current Social Security law while avoiding a future increase in the payroll tax rate. The current … paper extends the earlier analysis in four ways: (1) We now specify that the funds deposited in the Personal Retirement …