In January 2006, the Dutch government implemented a pension reform that substantially reduced the public pension wealth … assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …

retirement accounts on retirement income adequacy for Baby Boomers and Gen Xers in the United States. This paper summarizes that …’s modeling shows a substantial improvement in the probability of attaining a financially successful retirement if workers are … 401(k) plan are simulated to have sufficient 401(k) accumulations that, combined with Social Security retirement benefits …

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 …

A problem that faces many countries including the United States is how to finance retirement consumption as the … population ages. Proposals for switching to a saving-for-retirement system that does not rely on high payroll taxes have been … transition path from the current U.S. system to a saving-for-retirement system that increases the welfare of all current and …

Retirement income security refers to the ability of households to provide an adequate stream of income during the … period of their retirement from the labor force. Expected retirement income is based of four components: (i) standard non …-pension wealth holdings, (ii) defined contribution (DC) pension holdings, (iii) actual or expected defined benefit (DB) pension …

. This paper simulates the retirement effects of the various elements of the proposals made by the President's Commission …. Simulations are based on a structural dynamic model of retirement and saving, estimated with data from the first five waves of the … Health and Retirement Study. The model posits that lifetime expected utility is constrained by an asset accumulation equation …

and Retirement Study (HRS), and the role of pensions in forming retirement wealth. Pension coverage is widespread … average for this cohort on the verge of retirement. When pensions and social security are included, wealth accumulated by the … HRS population to date is substantial. At their expected retirement date, using only the wealth accumulated by their mid …