Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly because federal … regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension … investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity …

retirement plan costs and investment choices provided, make it important to understand how people select their retirement plan … pension fund menu and deleted nearly half of the offered funds. Using administrative data, we examine the changes in plan … retirement wellbeing. We show that streamlined participants' new allocations exhibited significantly lower within-fund turnover …

better retirement planning. However, relatively little is known about the decision making process for retirement savings … preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement …

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

Many Americans claim Social Security benefits early, though this leaves them with lower benefits throughout retirement … strategic survey about the lump sum. In other words, such a reform could provide an avenue for encouraging delayed retirement …

This study empirically analyses the influence of tax concessions on decisions regarding retirement savings in Austria …. We analyse real decisions on retirement savings by using qualitative data. This allows us to examine how different … retirement consists of saving discretionary income instead of the required savings premium and choosing a secure type of …

Existing evidence on the effectiveness of automatic enrolment is focused on large employers. We compare pension savings … workplace pension participation among those working for small employers by around 45 percentage points to reach 70% of targeted … employees - with most, but not all, brought in at relatively low rates of pension saving. Despite this large increase, this …

Planning for retirement and subsequent execution of the plan are difficult, but essential for financial security in old … plan into the dual-self model of impulse control. The resulting model can generate rational inaction in pension choices … accumulate lower pension wealth. The possibility of rational inaction can explain other robustly observed behaviours, such as …

The pay-as-you-go statutory pension insurance is intended to protect workers in Germany from having to rely on tax …-financed assistance in old age. However, due to the ageing of society the security level of the statutory pension insurance must decrease …. Therefore, a compulsory funded supplementary pension scheme is being discussed to prevent the number of retirees relying on …