(DC) retirement plans. Retired households need to manage risks and generate income from their savings. We study the … dynamics of retirement wealth and portfolio allocation using the three wealth waves of the Household, Income and Labour …Households in many countries reach retirement with lump sums of financial wealth accumulated in defined contribution …

This paper examines the composition and distribution of total wealth for a cohort of 51 to 61 year olds from the Health … and Retirement Study (HRS), and the role of pensions in forming retirement wealth. Pension coverage is widespread …, covering two thirds of households and accounting for one quarter of accumulated wealth. Social security benefits account for …

We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across … individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD …). First, we find significant displacement effects of mandatory pension wealth on non-pension financial wealth at the mean, and …

75, funds remaining in their pension escape income tax entirely - there was income tax relief when the money was paid … into the pension and no income tax when the money is taken out. Furthermore, any funds that remain in a pension at death … favourably by the tax system as a vehicle for bequests than they are as a retirement income vehicle. As such, there is a large …

-employed workers have private pensions from previous employment, save in other forms of wealth, or are married to or cohabiting with … the introduction of the new state pension in 2016. This report summarises the patterns of saving and wealth among the self …

wealth distributions by type, wealth-income ratios and accrued wealth by pension status are also explored …Together, pensions, social security and health insurance account for half of the wealth held by all households in the … Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth …

Using data from the Health and Retirement Study, we estimate reduced form retirement and wealth equations. The …

-As-You-Go (PAYG) social security, and the mix ofPAYG and savings for retirement provision in a small open economy. It shows that … paper also provides acondition for partial displacement of savings by the PAYG, which is in line with vastempirical evidence. …