One problem for sustainability of systems pensions is how people without specialized financial training could manage … their resources and their actual personal intentions towards retirement. Research objective is to analyse the relationship … among several factors that affect the behaviour towards retirement, the financial management practices and the financial …

Using a lifecycle model of consumption, saving and portfolio choice combined with linked survey and administrative data … on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …

information on three major economic outcomes, namely, retirement planning, choices pertaining individuals' labor supply, and … pensions. …

-aged Canadians regarding their retirement income system. We first document important financial literacy differences across gender …, age, education, and labor market status. Using detailed questions on the four main aspects of the retirement income system …, we then show a strong correlation between financial literacy and the knowledge of the retirement system in Canada …

examined the role of financial literacy in an individual's income, saving behavior, and the use of various financial products …

plan for retirement in both countries. In addition, we find a relationship between knowledge of specific concepts and key …

Australia's "Transition to Retirement Income Streams" (TRIS) program aims to prolong labor force participation for … older workers (aged 55-65 years) by offering early access to a worker's compulsory retirement savings (superannuation …

The countercyclical pattern of saving in Thailand in the 1990s and 2000s challenged the prediction of permanent income … theory and raised questions about household saving behaviors in the country. Using constructed pseudo-panel data sets from … the Thai Household Socioeconomic Surveys from 1992 to 2011, this paper estimates the intensity of the precautionary saving …