There is a growing retirement crisis and most of the focus has been on the fact that individuals are not saving enough … for retirement, may not have access to pension schemes, or are financially illiterate. More critically, assets …/financial products available to investors, may not be appropriate for the typical individual saving for retirement. The goal of …

Americans are rapidly losing their pensions — replaced by savings plans disguised as retirement plans.Many sponsors … bearing all of the costs and risks of DB. This paper explores how hybrid plans offer a more flexible approach to retirement …

Collectively, Americans are woefully unprepared financially for retirement. This retirement problem actually reflects a … participants.To achieve success, in our view the retirement plan of the future needs these features:• Contribution levels should be ….• Longevity risk should be minimized by pooling individual participants' assets with others.• Retirement age should be deferred …

retirement security, enhancing welfare by up to 20% of retiree plan accruals. …

used for rebalancing purposes. We argue that the optimal retirement product for a household is much more complex than any …

-based retirement plan, and to know the characteristics of workers with and without a plan - the subject of this paper. The findings … (typically a 401(k)-type plan). In 2007, 18.1 percent of family heads who participated in an employment-based retirement plan had … significant impact on the funds available for these participants in retirement. The EBRI-ERF Retirement Security Projection Model …

To establish current savings behavior, one necessary measurement of retirement preparation is identifying the … percentage of workers with employment-based retirement plans, as well as understanding the characteristics of workers with and … working family head participating in a retirement plan increased with the size of his or her employer. In 2010, among family …

The U.S. has long incentivized retirement saving in 401(k) and similar retirement accounts by permitting workers to … defer taxes on contributions, levying them instead when retirees withdraw funds in retirement. This paper develops a dynamic … withdrawals will lead to later retirement ages, particularly for the better-educated. It also would reduce work hours and lifetime …

This paper discusses the likelihood of a family head's participation in a retirement plan as it relates to plan type …