Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly because federal … investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity …-cost target date funds may enhance retirement wealth by as much as 50 percent over a 30-year horizon …

interest in mechanisms that can protect people against retirement account volatility. This paper explores the consequences for … savers' wellbeing of implementing market-based retirement account guarantees, using a life cycle consumption and portfolio … choice model where investors have access to stocks, bonds, and tax-qualified retirement accounts. We evaluate the case of …

The US has long incentivized retirement saving in 401(k) and similar retirement accounts by permitting workers to defer … taxes on contributions, levying them instead when retirees withdraw funds in retirement. This paper develops a dynamic life … lead to later retirement ages, particularly for the better-educated. It would also reduce work hours and lifetime tax …

assessment of the status quo prior to the spread of the coronavirus, evaluates how retirement systems are faring in the wake of … the shock. Next we examine insurance and financial market products that may render retirement systems more resilient for …

, age 51-61, we designed and analyzed a new module in the 2018 Health and Retirement Study along with information from the … 2018 National Financial Capability Study. Even though this group should be at the peak of their retirement savings, it … retirement. By contrast, the financially literate have more positive financial perceptions and behaviors. Specifically, being …

income in retirement, but also when young. In addition, a declining equity glide path with age is appropriate for the worker … with low income uncertainty; for the high income risk worker, equity exposure rises until retirement. We also evaluate how … differences in social security benefits can influence retirement risk management …

construct efficient portfolios, leading to retirement wealth that could be one-fifth lower due to poor portfolio decisions …

-making in a variety of settings, including individually-directed retirement plans. Yet such approaches may have unintended … to those interested in retirement plan design and retirement security; they also highlight the importance of assessing …