Theory predicts a number of mechanisms through which survival expectations influence retirement decisions: a wealth … effect of a longer lifespan; an uncertainty effect through the return on savings; a longevity risk effect; and, an adverse … selection effect from pooling within pensions. We use data from the first three waves of the English Longitudinal Study of …

based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement … spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement. The reduction cannot …

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 …

We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … homogeneity across countries with respect to saving preferences and the relative importance of different motives for saving. In … significant and economically important determinants of household saving preferences and credit constraints. …

In the policy debate on increasing the statutory retirement age, the issue has been raised to make an exception for … retirement scheme for such occupations through higher taxes. A representative sample of Dutch adults answered several questions … confounding factors affecting the evaluations of the demanding nature of the jobs as well as their reasonable retirement age or …

In this study we gauge the impact of social interactions on individual retirement preferences. A survey including self …-assessments and vignette questions shows that individual preferences are affected by preferences and actual retirement behavior of the … social environment. Retirement from paid work depends on the retirement age of relatives, friends, colleagues and …

saving for retirement and favours a defined benefit pension system. If offered a combined defined benefit … change the composition of their retirement savings portfolio in response to their personal financial situation, general … respondents who have chosen a relatively safe portfolio (less stock, more bonds) appear to prefer the retirement income streams of …

Structural models explaining retirement decisions of individuals or households in an inter-temporal setting are … typically hard to estimate using data on actual retirement decisions, because choice sets are complicated and uncertain and for … a large part unobserved by the researcher. This paper describes an experiment in which both perceived retirement …