This article proposes ways to improve retirement outcomes for defined contribution plan participants in terms of three … key drivers: savings rates, investment strategies, and post-retirement distributions. Levers include raising saving rates …

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …

We show how the age profile of earnings, retirement rules and retirement behavior are tightly linked through the … paper theoretically rationalizes the links between retirement rules and the wage structures over the life cycle and uses … data on European countries to show how social security taxes, the age profile of earnings, and retirement behavior are …

: while it may be more efficient to have highly productive individuals work more and retire older, earlier retirement may be …, efficient retirement ages must increase in productivity. We also show that this pattern is implemented by pension benefits that … not only depend on the age of retirement, but are designed to be actuarially unfair. Second, in a version of environment …

We analyze the impact of an increase in the legal retirement age on the effective retirement age in the Netherlands. We … do this by means of a dynamic programming model for the retirement behavior of singles. The model is applied to new … at gradually increasing the legal retirement age from 65 to 67. The simulation results show a rather small impact on the …

Increasing life expectancies and uncertainty about future retirement incomes are likely to lead to various changes in … uses a new source of longitudinal data on the health, labour force participation and retirement decisions of older New …

This paper provides new evidence of coordination of retirement by mature age couples in Australia. Two complementary … modeling the retirement behaviour of partnered men and women. First, a single risk hazard model provides insights into the … influences of a spouse's characteristics on the retirement decision of the individual. Second, a competing-risks framework is …

explain decisions to consult a financial planner and the variation in accumulated retirement wealth. Black and Hispanics are … and the accumulation of retirement wealth. Marginal effects of Tobit regression analysis show no evidence of racial …