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Little previous research on planned retirement ages has analyzed factors related to whether workers say they will never … retire. This issue is important both in financial planning and in assessments of retirement adequacy. Using the 1995, 1998 … categories of planned retirement age. For the 1995 to 2007 SCF datasets, 14% to 16% of workers stated they would never retire …
Persistent link: https://www.econbiz.de/10013079309
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We investigate retirement saving decisions through interviews and a broad survey in four countries that investigates … with increased savings. We find that approximately 40% of the respondents in our survey would increase their retirement …
Persistent link: https://www.econbiz.de/10012998297
This paper investigates individuals' investment behaviour in their retirement savings surrounding milestone birthday … to make investment changes. We utilise a large Australia retirement savings fund which provides the history of investment …
Persistent link: https://www.econbiz.de/10012949647
disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life … approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g., the Case …
Persistent link: https://www.econbiz.de/10012966054
This paper provides a two-part empirical analysis on how actuarial reduction rates for early retirement affect current …’s retirement planning. First, when looking at administrative records, early retirement shows a high prevalence at the extensive and … survey is exploited where respondents are offered a hypothetical deal for early retirement if in turn they are willing to …
Persistent link: https://www.econbiz.de/10014142456
For many Americans the question of when to claim Social Security benefits is one of the most consequential financial decisions they will ever face. While acknowledging that individuals differ in terms of optimal timing for starting Social Security benefits, many economists argue that an average...
Persistent link: https://www.econbiz.de/10014322886
A new study by the AgingWell Hub at Georgetown University and the TIAA Institute finds many young people struggling financially: many live paycheck-to-paycheck, feel finances control their lives, and doubt they will do as well economically as their parents. This report examines attitudes and...
Persistent link: https://www.econbiz.de/10014349413
This paper investigates retirees’ optimal purchases of fixed and variable longevity income annuities using their defined contribution (DC) plan assets and given their expected Social Security benefits. As an alternative, we also evaluate using plan assets to boost Social Security benefits...
Persistent link: https://www.econbiz.de/10014255003
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