Qi, Jia; Chatterjee, Swarn; Liu, Yingyi - In: International Journal of Financial Studies : open … 10 (2022) 2, pp. 1-14
According to the U.S. Census records, 40% of the population is aged between 35 and 64. This statistic means that a substantial percentage of the nation's population is in the wealth-formation phase of their life cycle and should be saving towards their retirement goals. Hence, the demand for...