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their resources and their actual personal intentions towards retirement. Research objective is to analyse the relationship … among several factors that affect the behaviour towards retirement, the financial management practices and the financial … influence of financial literacy, financial retirement objectives, optimism on retirement, tolerance to financial risk, and the …
Persistent link: https://www.econbiz.de/10012506177
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 …
Persistent link: https://www.econbiz.de/10011876086
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 increased the labor supply for the …
Persistent link: https://www.econbiz.de/10012427616
Individual's decisions regarding their retirement savings have usually been theoretically approached under the … evidence of the determinants and patterns of savings for retirement using information from the Integrated Household Survey … probabilities of making retirement savings are young ones, with male gender, who live in rural areas, and are self …
Persistent link: https://www.econbiz.de/10013155412
Using data from the Health and Retirement Study, we estimate reduced form retirement and wealth equations. The … retirement equation relates the probability of retiring to the quot;premium valuequot;, a forward looking measure of the future … simple models suggest that if the social security early retirement age were to be raised, more people would retire earlier …
Persistent link: https://www.econbiz.de/10012786844
future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …
Persistent link: https://www.econbiz.de/10012859308
We investigate the wealth decumulation decision from the perspective of a retiree who is averse to the prospect of fully annuitizing her accumulated savings. We field a large online survey of hypothetical product choices for phased drawdown offerings and annuities. While the demand for annuities...
Persistent link: https://www.econbiz.de/10012860958
We investigate the importance of alternative motives for choosing a saving and consumption trajectory after retirement … alternative retirement drawdown designs, comprising different combinations of annuity income and wealth, and of major life events … life events. They are less responsive to variation in "experimental" retirement drawdown arrangements, remaining aligned to …
Persistent link: https://www.econbiz.de/10012918378
In this study, we investigate the wealth decumulation decision from the perspective of a retiree who is averse to the prospect of fully annuitizing her accumulated savings. We field a large online survey of hypothetical product choices for phased drawdown offerings and annuities. While the...
Persistent link: https://www.econbiz.de/10012115352
future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …
Persistent link: https://www.econbiz.de/10012133536