percent of their pension savings at age 55. We find a large and highly significant increase in individuals' bank account … interest rates in their retirement accounts by leaving a sizeable portion of their withdrawn savings in a low-interest accruing …

through to both savings and consumption, and contribute to a flattening of consumption profiles for workers faced with the …This paper studies the evolution of household income, consumption, and savings around retirement in the context of a … workers covered by the early retirement scheme AFP and a reduction in the early retirement age for workers not covered by AFP …

The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older … workers. Parents, however, may experience added risk if their children experience adverse labor market shocks. Prior research … consumption, income, or savings behavior. With longitudinal data on mothers and children from the Panel Study of Income Dynamics …