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achieve better retirement outcomes through personalized investing and saving guidance. This paper explores the relationship …
Persistent link: https://www.econbiz.de/10014238054
accumulation of savings for retirement and the provision of steady retirement income through the end of life. It does this by … portion of retirement savings to TIAA Traditional Annuities in place of and in different combinations with other asset classes … yields better overall financial performance for a retirement savings portfolio during the accumulation phase for all examined …
Persistent link: https://www.econbiz.de/10014238771
Objective life expectancy and subjective survival pessimism (defined as the difference between objective and subjective life expectancy) may both affect the demand for annuities. The question this project answers is: how do these two explanations contribute to annuitization decisions in...
Persistent link: https://www.econbiz.de/10014254691
Changes in accumulated retirement savings, particularly in employer-sponsored defined contribution (DC) plan balances … plans affect retirement savings for lower earners more than for higher earners. The authors match Survey of Income and … retirement savings outcomes by earnings level beyond mere differences in earnings …
Persistent link: https://www.econbiz.de/10014033495
, health care, and retirement planning, all of which are very important for the well-being of the elderly. Our review suggests …
Persistent link: https://www.econbiz.de/10014023472
The chapter examines how the various dimensions of economic inequality between men and women are analyzed today. Beyond the gender wage gap—a central issue—and of course the still far from equal sharing of housework, the chapter also reviews research on gender inequality in access to...
Persistent link: https://www.econbiz.de/10014025339
We examine the two approaches used by equity index funds to track their benchmark index. The first, full replication, mimics the index with exactness. The second, representative sampling, holds a subset of the index. We find that samplers trade 3-4 times more, have 30-50% higher expenses and...
Persistent link: https://www.econbiz.de/10013295752
of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by … 2018, 2019). We also create an expanded set of variables that reflect the range of pension coverage and generosity across … contributions to racial wealth gaps between white and non-white families. Differences in lifetime earnings, pension generosity, and …
Persistent link: https://www.econbiz.de/10013302737
The pay-as-you-go statutory pension insurance is intended to protect workers in Germany from having to rely on tax …-financed assistance in old age. However, due to the ageing of society the security level of the statutory pension insurance must decrease …. Therefore, a compulsory funded supplementary pension scheme is being discussed to prevent the number of retirees relying on …
Persistent link: https://www.econbiz.de/10013399809
The availability of uncommitted funds is used as a measure of the financial quality of pension funds. Panel logit … models with data from the Swiss Pension Fund Statistics are estimated to identify structural characteristics of funds, most … company-owned pension funds …
Persistent link: https://www.econbiz.de/10013404255