pension plan risk, and for retirees. We also check whether pension risk is related to retirement decisions but find no …

Households will have to increase their retirement-related assets to face the consequences of pension reforms and …/or increasing longevity. Thus, improving retirement planning seems then to be necessary. However, the literature reports a general …: encourage households with little private savings to better prepare the retirement. This population does not seem able to save …

an individual's survival expectations and his planned retirement age is unclear in the existing literature. This study … uses the Health and Retirement Study and an instrumental variables (IV) approach to examine how subjective life expectancy … influences planned retirement ages and expectations of working at older ages, and how individuals update those expectations when …

for house prices. When given a timing choice, the individual chooses to unlock home equity early in retirement. The …

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 …

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 …