Previous empirical literature has found a sharp decline in consumption during the first years of retirement implying … that individuals do not save enough for their retirement. This phenomenon has been called the retirement consumption puzzle …. In contrast to some of the previous studies, the authors find no evidence of the retirement consumption puzzle during the …

The authors examine how public and private pension and health insurance systems affect retirement transitions. In many … and salary workers, and these differences are likely to cause differential retirement patterns both within and across … retirement patterns. Based on longitudinal data from the Health and Retirement Study (HRS) in the United States and the English …

retirement investing behavior. The authors developed and tested two modifications to the section on investment performance on the … same hypothetical task allocating retirement investments over a range of six possible typical investment fund options …

Many countries are including personal retirement accounts (PRAs) as part of their social security systems. PRA systems … may lead to inadequate preparedness for retirement. The author tests this hypothesis by using the Mexican social security … savings for retirement along with social security reform. …

based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement …. The reduction cannot be explained by the simple one-good life-cycle model, so it has been referred to as the retirement …-consumption puzzle. An interpretation is that at retirement individuals discover they have fewer economic resources than they had …

The simple one-good model of life-cycle consumption requires that consumption be continuous over retirement; yet prior … research based on partial measures of consumption or on synthetic panels indicates that spending drops at retirement, a result … that has been called the retirement-consumption puzzle. Using panel data on total spending, nondurable spending and food …

.S. households apparently reduce consumption at retirement and the reduction cannot be explained by the life-cycle model. An … where consumers are forward looking. However, data on anticipated consumption changes at retirement and on realized … consumption changes following retirement show that the reductions are fully anticipated. Apparently the decline is due to the …

.S. households apparently reduce consumption at retirement and the reduction cannot be explained by the life-cycle model. An … where consumers are forward looking. However, data on anticipated consumption changes at retirement and on realized … consumption changes following retirement show that the reductions are fully anticipated. Apparently the decline is due to the …

Over the past few decades, risks associated with providing for financial security in retirement have increasingly … shifted from employers to employees as employer-provided pensions have shifted from defined-benefit to defined …

What are the health impacts of retirement? As talk of raising retirement ages in pensions and social security schemes …. The authors use the Survey of Health, Aging and Retirement in Europe (SHARE) dataset to address this question in a … multicountry setting. Statutory retirement ages clearly induce retirement, but are not related to an individual's health. The …