In a nationally-representative sample, we predict retirement savings using survey-based elicitations of exponential … present over the future, are highly significant and economically meaningful predictors of retirement savings. These … calculations suggest that eliminating EGB and PB would increase retirement savings by approximately 12 percent. …

the Singapore Life Panel survey to measure financial literacy to study its relationship with three aspects of household …

population aging over the period 2000–14. While there is little doubt that household savings have decreased, the true trend … of risky assets in household portfolios increases with age and barely decreases even for retired households. The main … sources of increasing household wealth are the increasing wealth of the elderly and the increasing proportion of the wealthier …