empirical evidence that individuals are indeed aware of longevity risk and that this awareness affects their savings decisions …. These results are based on a data set that matches subjective survival expectations and savings indicators from the Survey …

When it comes to estimating the benefits of long-term savings, many people rely on their intuition. Focusing on the … domain of retirement savings, we use a randomized experiment to explore people's intuition about how money accumulates over … time. We ask half of our sample to estimate future consumption given savings (the forward perspective). The other half of …

implicit differential taxation of savings motives and the mandatory annuitization of withdrawals after retirement. The … simulations performed for the German economy indicate that the differential taxation of savings motives has only modest efficiency …

expenditure. We find support for these predictions in three field experiments that randomly assign reminders to new savings …

the impact of uncertainty about one's savings adequacy on retirement savings contributions and information search. We … retirement savings contributions. Accordingly, our results show that the effect of uncertainty is moderated by two factors: an … individual's perceived adequacy of current savings and financial constraints. In particular, we find that uncertainty triggers …

unconventional retirement accounts, such as investments in real estate. We show that finding the retirement motive important does not … directly translate in additional retirement savings. We show that the annuity stream generated by conventional and … unconventional accounts from age 65 onwards is small and that most savings are residual and are not being put aside for a specific …

savings. The third wave of the Survey of Health, Ageing and Retirement in Europe, SHARELIFE, collects information on the …

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

concerns for retirement savings. We solve a life-cyclemodel with longevity risk, which can be hedged through endogenous saving …