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from the English Longitudinal Study of Ageing, an optimal level of wealth is calculated for each household. This is … households have wealth levels far greater than necessary to maintain their living standards into and through retirement. … extent to which those who recently reached the state pension age in the UK have saved optimally for retirement. The policy …
Persistent link: https://www.econbiz.de/10010402536
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,000 EUR at retirement and that (b) it would take an average non-heir household roughly 14 years to match this gap. The sizable … inequality in retirement wealth highlighted in recent research on intergenerational justice. We discuss several policy … savings in accounts which are costly or impossible to withdraw prematurely. Back-of-the-envelope calculations suggest that (a …
Persistent link: https://www.econbiz.de/10014352146
in wealth, attempting to highlight the paths between the various facets of gender inequality. Throughout the review, much …
Persistent link: https://www.econbiz.de/10014025339
Persistent link: https://www.econbiz.de/10015398644
effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a … significant wealth shocks, but these shocks led to modest spending effects and small revisions to expectations regarding future … bequests. Expectations of bequests seem particularly tied to housing wealth. …
Persistent link: https://www.econbiz.de/10009526546
Using a new nationally representative survey of financial capability and experience in the UK and Ireland, I …
Persistent link: https://www.econbiz.de/10008902392
Using a new nationally representative survey of financial capability and experience in the UK and Ireland, I …
Persistent link: https://www.econbiz.de/10013130145
Wechselwirkung zwischen privater und staatlicher Altersvorsorge in einem Wohlfahrtsstaat beziehen. …
Persistent link: https://www.econbiz.de/10012154531
This paper studies the first nationwide introduction of automatic enrolment, in which employers in the United Kingdom are obliged to enrol employees into a workplace pension scheme, which employees can then choose to leave if they wish. We exploit the phased rollout of automatic enrolment since...
Persistent link: https://www.econbiz.de/10011562544