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Choices regarding the disposition of wealth at retirement can have substantial implications for retirement income … find that these groups of retirees report very different levels of well-being in retirement …
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for the future. Underlying many of the challenges facing many saving for retirement today is a lack of risk sharing …
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I provide evidence that defined contribution (DC) pensions make retirement more positively correlated with stock market …-DC pension respond to a one standard deviation shock to quarterly market returns by adjusting their retirement date by …
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