Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …

unequivocally proven. Retirement is associated with a large change in a person's daily routine and environment. In this paper, the … authors propose two mechanisms how retirement may lead to cognitive decline. For many people retirement leads to a less … stimulating daily environment. In addition, the prospect of retirement reduces the incentive to engage in mentally stimulating …

based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement … spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement. The reduction cannot …

Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …