economics that provide opposing predictions regarding the impact of uncertainty on retirement savings contributions. Our results … that individual's financial constraints. In particular, we find that uncertainty increases retirement contributions for …Deciding how much to save for retirement is a difficult task that includes many uncertainties. In this paper, we use …

three well-established puzzles in the retirement literature. The first puzzle is that, given incentives, the extent of … of uncertainty and including a claiming decision, an explanation of this last puzzle: the actuarial calculations implying …

Many individuals avoid information relevant for retirement planning. This behavior is worrying as pension systems shift … little for retirement, negatively affecting their long-run financial well-being. We generate knowledge about the factors that … Retirement Belief Model (RBM) - and empirically validate it with field data from the Netherlands and United Kingdom. We find that …

Many pension plan participants are inactive. They do not look up information on their retirement income and discover … acquire retirement income information. First, we show that classical loss frames (vs. gain) are an effective intervention, but …

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 …

-date retirement funds. I also show that sufficiently disappointment averse agents abstain from stocks after retirement, which is …

disappointing outcomes. Unlike expected utility investors, DA investors drastically cut their allocation to stocks around retirement … and the allocation rules of target-date retirement funds. Sufficiently disappointment-averse agents abstain from investing … in stocks after retirement, which is consistent with the observed low rates of stock market participation among retirees …

decades. Voluntary savings for retirement will therefore gain more and more relevance in order to maintain one’s standard of … living during retirement. This article examines the savings behavior for retirement on an individual level in Germany. As a … out to be less likely to save additionally privately for retirement. In a second step the chosen gross saving rates are …