between financial literacy and retirement planning of working-age people.Methodology – The participants of the study were … literacy and retirement planning.Findings – The result show that the level of education has a positive relationship with … involved in retirement planning. The respondents of women in Sakon Nakhon, Nakhon Phanom and Mukdahan have more understanding …

Planning for retirement and subsequent execution of the plan are difficult, but essential for financial security in old … accumulate lower pension wealth. The possibility of rational inaction can explain other robustly observed behaviours, such as … disproportionately low savings of individuals on low incomes and non-fungibility between public and private pension wealth. The model is …

Retirement wealth is often viewed as a great equalizer, offsetting the inequality in standard household net worth. One … Board's Survey of Consumer Finances, I find that retirement wealth (the sum of pension and Social Security wealth) had a … modestly between 1983 and 2001, the inequality of augmented wealth (the sum of retirement wealth and net worth) surged from …

The approaching retirement of the baby boom generation has attracted both research and public policy attention. Many … changes occurred during the second half of the twentieth century, changes likely to affect the retirement economic security of … recent cohorts. Using data from the Health and Retirement Study, we compare pension participation and nonpension net worth of …

most common strategy: delaying tapping housing wealth until financial wealth is exhausted and then taking a line of credit …. In addition, the results show that housing wealth displaces bonds in optimal portfolios, making the low rate of …

equalized. This article contributes to the discussion by studying the determinants of retirement wealth across a range of … ethnicities, including White, Pasifika and Asian. Differences in retirement wealth between ethnic groups is relatively unexplored … economic factors are the main determinants of retirement wealth. Gender and ethnicity are found to be a strong predictor of …

into a more conservative investment portfolio as retirement approaches, as a suitable way to provide for the retirement … wealth. We find that investors with very reasonable amounts of risk aversion may prefer the lifecycle approach, despite the … tendency for aggressive fixed allocation strategies to produce larger expected wealth …

We investigate the wealth decumulation decision from the perspective of a retiree who is averse to the prospect of … choice, the most important self-reported considerations for the wealth decumulation decision are a low probability of … determinants of the decision of how much wealth individuals are willing to draw down, we identify consumers' attitudes towards …