Using two data sets (a Prudential Financial Wellness Survey and the Health and Retirement Study), this study demonstrates that although there is generally a natural upward trend for older (age 50+) Americans to progressively delay their expected retirement age, this trend has no statistically...

This paper demonstrates that the safety of a given withdrawal strategy is significantly affected by the initial bond yield and cyclically adjusted price-to-earnings (CAPE) value at retirement, and that the relative impact varies based on the portfolio equity allocation

Using two data sets (Prudential Financial Wellness Survey, and Health and Retirement Study), this study demonstrates that although there is generally a natural upward trend for older (age 50+) Americans to progressively delay their expected retirement, this trend has no statistically significant...

Defined contribution plans require households to make a number of complicated decisions about funding retirement, and it is not clear if they are up to the task. This research explores trading decisions of plan participants during 2020 in order to understand how the use of professionally managed...

This paper explores the potential benefits of delayed claiming of Social Security retirement benefits from a defined contribution (DC) plan perspective. This analysis suggests the average retiree, especially the average DC participant, would likely benefit from delayed claiming; however,...

Professionally managed portfolios and ongoing advice can potentially help defined contribution (DC) participants achieve better retirement outcomes through personalized investing and saving guidance. This paper explores the relationship between trading activity and advice seeking among five...

Historical differences in compensation may influence how representatives from broker-dealers, registered investment advisers, and dual registrants select funds. Evidence from advertising content suggests that active-fund families promote characteristics such as recent returns that are both...

Research on optimal retirement strategies overwhelmingly assumes that the retirement income goal is effectively inelastic (or fixed), which implies the retiree household has neither the desire nor the ability to cut back on spending for the entire duration of retirement (which is often assumed...