’s retirement savings during the course of a professional career. Finally, the multitude of assumptions involved and the long …

Using a lifecycle model of consumption, saving and portfolio choice combined with linked survey and administrative data … on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …

amount of the pension dis-saved after retirement. The findings show that there are no reasons why the EU and the individual …

-funded pension insurances. A substantial share of the population, however, still has no or only insufficient private retirement … consumers from saving more for their old age. We have developed a proposal that solves both problems. In our model …

will boost retirement savings without interfering with individuals’ freedom of choice. …

possible need to stay at work until the standard retirement age. In economic theory, retirement is described as an individual … decision in which the opportunity costs of leisure time are weighed against the anticipated retirement income. How the … to which couples coordinate their retirement plans and take a joint decision. Our analysis shows that joint retirement …

hierarchical cluster analysis. The results showed significant links between households' obligatory and voluntary saving for … retirement in both samples. However, the study recognised the internal diversity of countries in terms of households' preferences … domestic retirement and life insurance products, which may negatively impact its development. This is the first comprehensive …

standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …

This article focuses on the importance of behavioral economic findings for pensions as a sociopolitically relevant …