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There is ample empirical evidence documenting widespread financial illiteracy and limited pension knowledge. At the … same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … comprehensive measures of financial knowledge designed for a special module of the DNB (De Nederlandsche Bank) Household Survey. Our …
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of sensitivity to framing in investment decisions. Policymakers interested in enhancing retirement wellbeing would do …
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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 …
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