financial literacy on Chinese households' retirement planning and the demand for commercial insurances, especially among the … could help Chinese households be more prepared for retirement. The households with higher objective financial literacy score … and paid more attention to financial information are more likely to have retirement plan, and they are also more likely to …

This paper provides a two-part empirical analysis on how actuarial reduction rates for early retirement affect current … retirement planning. First, by evaluating a large dataset of administrative records it becomes evident that early retirement … retirement if in turn they were willing to accept an actuarial reduction on their pension. It becomes evident that the maximum …