retirement plan costs and investment choices provided, make it important to understand how people select their retirement plan … pension fund menu and deleted nearly half of the offered funds. Using administrative data, we examine the changes in plan … retirement wellbeing. We show that streamlined participants' new allocations exhibited significantly lower within-fund turnover …

Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly because federal … regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension … investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity …

better retirement planning. However, relatively little is known about the decision making process for retirement savings … preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement …

We conduct a randomized controlled trial to understand how a web-based retirement saving calculator affects workers …' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goals. In the treatment … condition, it also projects retirement income based on definedcontribution savings, prominently displays the gap between …

The introduction of direct contribution 401(k) retirement accounts in the late 1970's brought about an institutional … with retirement savings, which can impact financial well-being in older age. The role of investment uncertainty on … labor force, as well as for social security and retirement planning policy making …

Most Americans will lack the financial resources to be secure and relatively satisfied upon retirement, and … commentators increasingly recognize that this “retirement crisis” calls for policy changes affecting both active participants in … towards addressing the retirement crisis while also providing a flexible framework for future policy reform …

Long term care expenses represent a known unknown in retirement planning. A large majority of households will need some …

to rely on social pension plan and retirement pay after retirement. Rural residents and migrants are more vulnerable … 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 …

, health care, and retirement planning, all of which are very important for the well-being of the elderly. Our review suggests …