With a rapidly aging population, Portugal faces some serious pension challenges including a Social Security system … Social Security with private savings. In addition, Portugal has a low rate of financial literacy and hence transferring the … responsibility of retirement planning to the general population runs a major risk of many individuals retiring poor. While some …

incentives matter for the retirement behavior of the self-employed. We also provide evidence of the self-employed not wanting to … retire as early as possible, and contrast these expectation data with realized retirement transitions. The overall picture …