Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth …Together, pensions, social security and health insurance account for half of the wealth held by all households in the … percentiles, and even for 48 percent of wealth for those in the 90th and 95th wealth percentiles. The HRS surveys households aged …

This study evaluates knowledge regarding financial and retirement planning in Puerto Rico. Most people seem to be … unprepared to take charge of financial decisions and retirement. Lusardi and Mitchell (2006) study shows that many households are … questionnaire to evaluate financial knowledge and retirement planning in Puerto Rico. For the most part, this questionnaire was …

most common strategy: delaying tapping housing wealth until financial wealth is exhausted and then taking a line of credit …. In addition, the results show that housing wealth displaces bonds in optimal portfolios, making the low rate of …

into a more conservative investment portfolio as retirement approaches, as a suitable way to provide for the retirement … wealth. We find that investors with very reasonable amounts of risk aversion may prefer the lifecycle approach, despite the … tendency for aggressive fixed allocation strategies to produce larger expected wealth …

retirement plan costs and investment choices provided, make it important to understand how people select their retirement plan … retirement wellbeing. We show that streamlined participants' new allocations exhibited significantly lower within-fund turnover …

schemes increases private savings by around 66 cents. This is the ratio of the difference in average net wealth between … contributed, calculated as the ratio of the €6,500 difference in tax-relief-adjusted wealth between the two groups to the average …

We use a unique dataset from a large retail bank to examine the impact of financial advice on personal retirement … savings. We document that retirement-related financial advice is associated with an increase in tax-exempt retirement accounts …-educated). Additional investments into retirement accounts and equities primarily come from external sources and checking accounts. The bank …

how these interact is of key importance in order to generate efficient retirement portfolios. Additionally, there is … their assets inside and outside tax-qualified retirement plans, their mortality assumptions, and their accrued Social …

wealth. The regression discontinuity approach exploits two expansions of the child care pension benefit, in 1992 and in 1999 … increase in their pension wealth. From a political point of view, this suggests that the increase in individual pension wealth …