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participant in a defined contribution plan system will have sufficient assets to generate adequate retirement income. Similar to … gauge whether she is “on-track” for accumulating sufficient retirement wealth. Applying this measure to a sample of TIAA … include measures such as the ASR and retirement income projections in order for participants to make better, more informed …
Persistent link: https://www.econbiz.de/10013027766
In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation …. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative … employer-employee data from Germany, I exploit the introduction of partial retirement options in Germany related to the law on …
Persistent link: https://www.econbiz.de/10012802062
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the fact that the state retirement pension does not become available to men until age 65, half of men aged 60-64 were … economically inactive in the mid 1990s. The main element of the state retirement pension is flat rate, and for most people is … earned as a result of extra contribu- tions. Overall the state retirement pension system offers no incentives for people to …
Persistent link: https://www.econbiz.de/10013231420
This study examines the impact of social security on the retirement of married men aged 60-70 years. The empirical … retiring) denoted SSW. This variable measures social security's effect on retirement. The estimated effects are significant and … considerable. When SSW in-creases from $35,000 to $55,000 the probability of retirement rises by .15 for 62-64 year olds relative …
Persistent link: https://www.econbiz.de/10013239195
Previous retirement adequacy studies have ignored expected retirement income stages. Ignoring retirement income stages … results in biased estimations of retirement adequacy. This study analyzes retirement income stage theoretically and then … and/or spouse/partner age 35-70 and working full-time will have more than one retirement income stage. When income stages …
Persistent link: https://www.econbiz.de/10013033957
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consequences for decision-making in old age. Using data from China, we examine how a new retirement program affects cognitive … that the program leads to larger negative impacts among women. We demonstrate that retirement and access to a retirement …
Persistent link: https://www.econbiz.de/10013314824