retirement plan costs and investment choices provided, make it important to understand how people select their retirement plan … pension fund menu and deleted nearly half of the offered funds. Using administrative data, we examine the changes in plan … retirement wellbeing. We show that streamlined participants' new allocations exhibited significantly lower within-fund turnover …

Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly because federal … regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension … investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity …

retirement plan costs and investment choices provided, make it important to understand how people select their retirement plan … pension fund menu and deleted nearly half of the offered funds. Using administrative data, we examine the changes in plan … retirement wellbeing. We show that streamlined participants' new allocations exhibited significantly lower within-fund turnover …

Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly because federal … regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension … investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity …

better retirement planning. However, relatively little is known about the decision making process for retirement savings … preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement …

better retirement planning. However, relatively little is known about the decision making process for retirement savings … preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement …

Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …

We conduct a randomized controlled trial to understand how a web-based retirement saving calculator affects workers …' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goals. In the treatment … condition, it also projects retirement income based on definedcontribution savings, prominently displays the gap between …

Planning for retirement and subsequent execution of the plan are difficult, but essential for financial security in old … plan into the dual-self model of impulse control. The resulting model can generate rational inaction in pension choices … accumulate lower pension wealth. The possibility of rational inaction can explain other robustly observed behaviours, such as …

We empirically investigate the distributional consequences of the Riester scheme, the main private pension …