Relatively little is known about why people fail to plan for retirement and whether planning and information costs … might affect retirement saving patterns. This chapter reports on a purpose-built survey module on planning and financial … literacy for the Health and Retirement Study which measures how people make financial plans, collect the information needed to …

We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … personal assets. In this paper, we investigate the relationship between financial literacy and household net worth, relying on … comprehensive measures of financial knowledge designed for a special module of the DNB (De Nederlandsche Bank) Household Survey. Our …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … personal assets. In this paper, we investigate the relationship between financial literacy and household net worth, relying on … comprehensive measures of financial knowledge designed for a special module of the DNB (De Nederlandsche Bank) Household Survey. Our …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … personal assets. In this paper, we investigate the relationship between financial literacy and household net worth, relying on … comprehensive measures of financial knowledge designed for a special module of the Dutch Central Bank Household Survey (DHS). Our …

We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …

The German pension reforms in 2001 and 2004 increased the importance of private supplemental savings for retirement …. Calculating the appropriate retirement income needed and choosing the right product postulates some degree of financial knowledge … retirement savings. Germans seem to have a good grasp of basic financial concepts. However, individuals with low education face …

financial literacy and retirement planning. Overall we find aggregate levels of financial literacy similar to comparable … international norm, we find that financial skills increase with age. The role played by the Australia's mandatory private retirement …