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same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … many determinants of wealth. Moreover, we discuss two channels through which financial literacy might facilitate wealth … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a …
Persistent link: https://www.econbiz.de/10013120915
determinants of financial literacy and link financial literacy to retirement planning. Overall, the level of financial literacy is … retirement …
Persistent link: https://www.econbiz.de/10013093587
show that people who score higher on the financial literacy questions are also much more likely to plan for retirement …
Persistent link: https://www.econbiz.de/10013126995
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 …
Persistent link: https://www.econbiz.de/10013126996
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 …
Persistent link: https://www.econbiz.de/10013127002
and how to invest their retirement wealth, pension reforms have raised concerns about the ability of households to deal … with financial decisions. Using the Bank of Italy's Survey on Household Income and Wealth, our empirical analysis shows …
Persistent link: https://www.econbiz.de/10013127003
We examine the relationship between financial literacy and retirement planning in a representative sample of Swedish …
Persistent link: https://www.econbiz.de/10013127105
Our study contributes to the financial literacy literature by examining its association with retirement planning in an … significantly and positively related to retirement planning using private pension funds and schemes. Residents in rural areas are … clear policy implication; along with encouraging the availability of private retirement plans and financial products …
Persistent link: https://www.econbiz.de/10013127106
retirement ‘a lot', although it appears to be significant for other measures of financial achievement. This result could reflect … the dominant role of New Zealand's universal public pension in providing retirement income security …
Persistent link: https://www.econbiz.de/10013127119
This paper analyzes for the Netherlands the need to introduce flexible take-ups of home equity and pension wealth … with additional retirement income from reverse mortgage contracts. The elderly may benefit of the innovation of partial …
Persistent link: https://www.econbiz.de/10012999654