Cognitive Economics Study and the Health and Retirement Study, we find strong evidence that individuals in financial occupations …

This paper develops a rating system for internet-based free retirement planning software that assumes unsophisticated … users. The rating system takes into account two of the most important sources of retirement income - Social Security and … investments - and the two main determinants of retirement income needs - the length of the planning period and the target …

benefit (DB), pension equity (PE), cash balance (CB), and defined contribution (DC) retirement plans. Plan provisions of …

To establish current savings behavior, one necessary measurement of retirement preparation is identifying the … percentage of workers with employment-based retirement plans, as well as understanding the characteristics of workers with and … working family head participating in a retirement plan increased with the size of his or her employer. In 2010, among family …

question of long term retirement planning. In many cases this has included emphasising the need for individuals to take more … responsibility for their own retirement planning through tax incentives, compulsion and changes to the age at which state retirement … benefits become available. In the case of Australia, as is considered here, long term retirement planning has been focused …

-based retirement plan, and to know the characteristics of workers with and without a plan - the subject of this paper. The findings … (typically a 401(k)-type plan). In 2007, 18.1 percent of family heads who participated in an employment-based retirement plan had … significant impact on the funds available for these participants in retirement. The EBRI-ERF Retirement Security Projection Model …

This paper links pension literacy to retirement planning in an emerging economy. The results show that the correct … knowledge about pension basics and savings rate have a positive effect on employees' efforts to plan for their retirement …. Conversely, employees' correct knowledge about pension lump sum impair their retirement planning efforts. Enhanced retirement …

There is a looming retirement crisis, as individuals are increasingly being asked to take responsibility for their own … retirement planning and a majority of these individuals are financially unsophisticated. They cannot perform basic compounding … calculations and do not understand the impact of inflation, both critical aspects of retirement planning. Yet, these individuals …

provision. In life insurance, this especially affects retirement products that contain a significant portion of longevity risk … lead to a high uncertainty of retirement income at old ages. In this article, we alternatively suggest a so-called tonuity … requirements are reduced compared to conventional annuities). The tonuity is a possibility to offer tailor-made retirement products …