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Background: The pension deficit has been rapidly enlarging for more than a decade. If the retirement age is set at a … old in last ten years, the feasibility of rising the retirement age has also been promoted. Methods: This paper aims to … construct a mathematical model for choosing a proper policy about raising retirement age on the basis of the interaction between …
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The spending habits of retirees in Canada and other developed countries demonstrate a strong tendency for personal consumption to decline with advancing age, according to a new report from the C.D. Howe Institute. In “How Spending Declines with Age, and the Implications for Workplace Pension...
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people do not know what amount will be paid out on retirement and/or whether the payments will be in the form of lump …
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