risk confronting our retirement system. In this volume, we provide an in-depth analysis of the ‘black swans' threatening … various ways to manage and finance these risks, with a view to rebuilding a more resilient retirement system. In particular …

retirement security, enhancing welfare by up to 20% of retiree plan accruals. …

Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …. This paper assesses how financial literacy shapes financial decision-making at older ages. We devised a special module in … the Singapore Life Panel survey to measure financial literacy to study its relationship with three aspects of household …

Relatively little is known about why people fail to plan for retirement and whether planning and information costs … might affect retirement saving patterns. This chapter reports on a purpose-built survey module on planning and financial … literacy for the Health and Retirement Study which measures how people make financial plans, collect the information needed to …