and purchasing power of old age social security benefits, and the average retirement age ten or twenty years from now. We …

This paper explores the effect of letting individuals choose their retirement age in a world of uncertainty where there … finds that it is preferable to let people make their retirement decision after rather than before the uncertainty is lifted …

motives, such as saving for retirement, and saving behavior. Survey data show that many respondents save for retirement in … 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 …

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 …

system in the Netherlands to calculate net replacement rates at each age from 60 to 70 in full and partial retirement … analyze the implications of late full retirement and partial retirement for the occupational and state pension entitlements …. We pay particular attention to the retirement scenarios that are relevant for the current policy measures, aimed at …

The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore … retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990 … explicitly takes into account the different take‐up rates of the various early retirement exit paths across time and ages. The …

determinants of financial literacy and link financial literacy to retirement planning. Overall, the level of financial literacy is … retirement …

paper investigates the effect of the NRSPI on the retirement and old-age labor supply pattern in China using a two … that receiving pension benefits from the NRSPI can substantially increase the likelihood of retirement and decrease number …

of older people for a rich set of retirement trajectories charactersized by early or delayed full retirement as well as … partial retirement at various ages in the Netherlands and the United States. Two in five prefer partial retirement over early … or delayed abrupt full retirement. This suggests that partial retirement can substantially increase the utility derived …

desired standard of living in retirement with a likelihood that is ex-ante defined. In addition, the event of falling short of … safeguard a minimum standard of living in retirement. Given the contribution rate participants can afford to save, the set of …