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financial literacy is an important determinant of financial protection in the older pre-retirement population in Ireland. Using … with higher total household wealth, lower financial stress and higher expected retirement income. We find little evidence … assume responsibility for a greater share of their future retirement saving and health and long-term care costs. Financial …
Persistent link: https://www.econbiz.de/10011986014
Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …
Persistent link: https://www.econbiz.de/10012113846
retirement plans. This paper examines how the self-employed in Singapore compare to regular employees as well as the unemployed … in terms of retirement preparedness, retirement saving, and portfolio diversification. We also investigate the extent to …: respondents scoring one additional correct answer on the FinLit questions have about 3% more net financial wealth, 2% more …
Persistent link: https://www.econbiz.de/10012841848
couples and their level of wealth and financial stress using TILDA data for Ireland. We find that joint financial literacy is …Financial literacy is higher for men than for women and high financial literacy has been linked to higher wealth and … better retirement planning. However, relatively little is known about the decision making process for retirement savings …
Persistent link: https://www.econbiz.de/10012870292
financial literacy on Chinese households' retirement planning and the demand for commercial insurances, especially among the … could help Chinese households be more prepared for retirement. The households with higher objective financial literacy score … and paid more attention to financial information are more likely to have retirement plan, and they are also more likely to …
Persistent link: https://www.econbiz.de/10012910582
financial literacy is an important determinant of financial protection in the older pre-retirement population in Ireland. Using … with higher total household wealth, lower financial stress and higher expected retirement income. We find little evidence … assume responsibility for a greater share of their future retirement saving and health and long-term care costs. Financial …
Persistent link: https://www.econbiz.de/10012870293
-aged Canadians regarding their retirement income system. We first document important financial literacy differences across gender …, age, education, and labor market status. Using detailed questions on the four main aspects of the retirement income system …, we then show a strong correlation between financial literacy and the knowledge of the retirement system in Canada …
Persistent link: https://www.econbiz.de/10014553069
savings in retirement, this relationship is of increasing importance. We find differences between those people who self …-manage large retirement savings portfolios and those with money in institutional retirement savings funds, with the former …
Persistent link: https://www.econbiz.de/10013028535
Is the current mix of tax preferences for employer-sponsored pensions and individual retirement saving in the U ….S. delivering the best possible retirement-preparedness across and within generations? Using data from the triennial Survey of … Consumer Finances for 1989 through 2013, cohort-based analysis of life-cycle trajectories shows that (1) overall retirement …
Persistent link: https://www.econbiz.de/10013027338
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 …
Persistent link: https://www.econbiz.de/10014043164