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income to cover basic needs after retirement, there will be economic repercussions if the situation is not handled soon. The … government and financial institutions have been encouraging Thai citizens to prepare retirement plans but lack understanding of … the root causes of being unprepared for retirement. The objectives of this qualitative research were to explore the …
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This paper investigates retirees' optimal purchases of fixed and variable longevity income annuities using their defined contribution (DC) plan assets and given their expected Social Security benefits. As an alternative, we also evaluate using plan assets to boost Social Security benefits...
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of the pension system efficacy on the share of the accumulative system in the structure of retirement scheme financing …
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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 …
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