, we then show a strong correlation between financial literacy and the knowledge of the retirement system in Canada …. Finally, we provide evidence that general financial literacy and knowledge of the retirement system matter for retirement … preparation, by showing that Canadians with higher financial literacy scores and better knowledge of the retirement system are …

How do renters approaching retirement respond to their absence of housing equity? Traditional life cycle accumulation … Expenditure Surveys indicated that, compared with otherwise similar homeowners, renters nearing retirement were (a) less likely to … contribute to retirement savings, (b) invested less when they did contribute, and (c) favored investment in short …

. Using data from the Health and Retirement Study and the Medical Expenditure Panel Survey, we estimate a dynamic programming … model of retirement that accounts for both saving and uncertain medical expenses. Importantly, we model the two key channels …

future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …