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issues assigned to the following topics: ageing with dignity; retirement age; assumptions and conditions resulting from …
Persistent link: https://www.econbiz.de/10012313225
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find … replacement rate vis-à-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income … the year of entry into retirement as a rather robust result, while replacement rates keeping the living standard unchanged …
Persistent link: https://www.econbiz.de/10010293974
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed … psychological and retirement planning constructs, but also in the robustness of the path models. These findings suggest that policy …
Persistent link: https://www.econbiz.de/10010325344
incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …
Persistent link: https://www.econbiz.de/10010326031
timing of retirement. Using detailed longitudinal population register data 1982-2010, we track first-time enrollees in higher … large effects. Tentative calculations indicate that if enrollment occurs at age 42, the retirement delay represents about …
Persistent link: https://www.econbiz.de/10010331948
saving by public and private pensions. Some parameters of the model are estimated and others are calibrated to match life … benefit (DB) and defined contribution (DC) pensions on average crowd out household wealth by $0.09 and $0.37 per dollar of …) generally resulting in larger simulated crowd out. A welfare analysis implies that DB pensions and Social Security are not …
Persistent link: https://www.econbiz.de/10011599698
We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test …
Persistent link: https://www.econbiz.de/10011662542
According to the 2018 Mercer Global Pension index, the pension systems of Denmark, Finland and the Netherlands are the best three in the world. This paper seeks to identify the common elements of success of these three pension systems, including the institutional framework within which they...
Persistent link: https://www.econbiz.de/10012037619
expected retirement period. Thus, it is argued that when women have greater relative bargaining power, households will … retirement. The results suggest that in this setting it may be rational for women with greater bargaining power to favour greater …
Persistent link: https://www.econbiz.de/10012115574
Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011931629