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ages. Using data from both the Health and Retirement Study (HRS) and the National Financial Capability Study (NFCS), we … work longer. When we explore the reasons for delayed retirement among older women, factors include education, more marital … with retirement planning include having more education and greater financial literacy. Those who report excessive amounts …
Persistent link: https://www.econbiz.de/10012855173
Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth …
Persistent link: https://www.econbiz.de/10014043164
workers lost a substantial portion of their retirement saving. The financial sector implosion produced an economic crisis for … retirement, and annuitization decisions. We do so with a realistically calibrated lifecycle framework allowing for time …-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …
Persistent link: https://www.econbiz.de/10010958546
retirement security. The monographs reviewed ask how funded pension plans might be restructured to better meet the policy … growth and demographic aging. Questions remain regarding how retirement policy can better integrate intergenerational …
Persistent link: https://www.econbiz.de/10004999761
workers lost a substantial portion of their retirement saving. The financial sector implosion produced an economic crisis for … retirement, and annuitization decisions. We do so with a realistically calibrated lifecycle framework allowing for time …-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …
Persistent link: https://www.econbiz.de/10010308576
workers lost a substantial portion of their retirement saving. The financial sector implosion produced an economic crisis for … retirement, and annuitization decisions. We do so with a realistically calibrated lifecycle framework allowing for time …-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …
Persistent link: https://www.econbiz.de/10009305828
Over the last half-century, around the world, many nations have seen plummeting fertility rates and mounting life expectancies. These two factors are the engine behind unprecedented global aging. In this paper, we explore how the demographic transition may influence financial markets and, in...
Persistent link: https://www.econbiz.de/10012707972
benefit for an immediate lump-sum payment, using an experimental module in the 2004 Health and Retirement Study. Our first …
Persistent link: https://www.econbiz.de/10012772743
This paper highlights unanswered research questions in the economics of retirement, and shows how these issues can be … addressed using the new Health and Retirement Survey (HRS). Unique features of the survey are described including administrative … are indicators of retirement plans, health status, family structure, income, wealth and employer policies affecting job …
Persistent link: https://www.econbiz.de/10014033866
variables including wealth, the timing of retirement, investments in health, and decisions about end-of-life care …
Persistent link: https://www.econbiz.de/10012854861