financial shocks. One consequence of this financial vulnerability is that many individuals use a portion of their retirement … before retirement (Argento, Bryant, and Sabelhaus 2015). We explore the practical considerations and challenges associated … with helping households accumulate liquid savings that can be deployed when urgent pre-retirement needs arise …

Using data from the Health and Retirement Study, this paper creates variables measuring knowledge about future social … misinformation, imprecision and lack of information about retirement benefits is the norm. Those who are most dependent on social … best informed about their pension benefits. Women and minorities are less well informed about both types of retirement …

and Retirement Study, this paper explores asset holdings among a nationally representative sample of people on the verge … of retirement. Making reasonable projections about asset growth, we assess how much more people would need to save in … order to preserve consumption levels after retirement. We find that the median older household has current wealth of …

This paper constructs a model of retirement and saving by two earner couples. The model includes three dimensions of … behavior: the joint determination of retirement and saving; heterogeneity in time preference; and the interdependence of … retirement decisions of husbands and wives. Estimation is based on panel data from the Health and Retirement Study covering the …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a …

financial literacy and retirement planning, we develop an IV strategy by making use of regional variation in the financial … knowledge of peers. We find a positive impact of financial knowledge on retirement planning …

We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …

show that people who score higher on the financial literacy questions are also much more likely to plan for retirement …

Relatively little is known about why people fail to plan for retirement and whether planning and information costs … might affect retirement saving patterns. This paper reports on a purpose-built survey module on planning and financial … literacy for the Health and Retirement Study which measures how people make financial plans, collect the information needed to …