Survey data show that many respondents save for retirement in unconventional retirement accounts, such as investments … in real estate. In countries where retirement savings are not mandatory for self-employed, representatives of this group … often report this as an argument against making retirement savings compulsory. Our study shows that self-employed retirement …

Survey data show that many respondents save for retirement in unconventional retirement accounts, such as investments … in real estate. In countries where retirement savings are not mandatory for self-employed, representatives of this group … often report this as an argument against making retirement savings compulsory. Our study shows that self-employed retirement …

that 40% of the participants choose some risk and thus, accept fluctuations in retirement income. Second, we analyze the … investigate the choice between phased withdrawal plans with varying riskiness resulting in volatile retirement income. We find …How to invest and decumulate wealth during retirement has far-reaching consequences for consumption during retirement …

Why do employees' retirement contributions gradually increase throughout their careers? This paper uses a structural … life-cycle model based on household expectations data to explain workers' retirement contribution decisions. The Michigan … Survey of Consumers data shows that young households extrapolate from their recent income realizations and overstate the …

Assets in tax-deferred retirement accounts (TDA) and housing are two major components of household portfolios. In this …

the investment portfolio and the individual’s confidence of happy retirement life is not driven by individuals’ income …The study examines the impact of financial investment on the individual’s confidence in happy retirement life using … data from 735 respondents in the Bank Consortium Holding Limited (BCT) Public Opinion Survey on Retirement Happiness in …

We solve a retirement lifecycle model in which the consumer's age does not move in lockstep with calendar time. Instead … cross-sectional heterogeneity in retirement spending rates at any given chronological age. In sum, we argue that biological …

return are also considered in the context of retirement. The accepted use of income replacement rates as an adequacy measure … has advantages and disadvantages. Risks to retirement outcome can be defined by shortfall risk and its key determinants …The objectives of retirement investing have not changed: to provide an expected quality of life in retirement. What has …

This paper investigates retirees' optimal purchases of fixed and variable longevity income annuities using their … using plan assets to boost Social Security benefits through delayed claiming. We determine that including deferred income …