, savings and stock market participation are interconnected decisions. However, to the best of our knowledge, a theoretical …

DURING THE PAST half century, retirement income security in the United States has been based on a combination of social … security, employer sponsored pensions, and households’ own saving. Social security was intended to provide a retirement income … base. Pensions generated additional retirement income. Households’ own saving supplemented these sources. In many ways this …

unrealistic expectations of their retirement incomes. But apathy and indifference to pension planning (and personal finances in …

relatively low. Secondly, withdrawal of savings before retirement is very common. Thirdly, pension savings are often taken as …Many of Asia‟s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next … ensure that they are financially sustainable and provide adequate retirement incomes. In some countries – China, Vietnam …

problem. This study analyses the effect of household income and savings on loan refusal and the intensity of loan refusal in … income and savings inversely relate to loan refusal and the intensity of loan refusal at their respective significance levels …. It is also shown that low-income and low-savings households are more likely to be discouraged from loan applications than …

individuals' employment, retirement and consumption decisions. Our modeling approach allows life expectancy and the nature of the … public pension system to influence the decisions of forward-looking individuals planning for retirement. We calculate that …, increasing the full pensionable age generates the largest responses in labor supply and retirement behavior. …

identifies how accumulated assets can be used optimally throughout retirement to produce life-long income when required, to make … do this using a SPEEDOMETER (or Spending Optimally Throughout Retirement) retirement expenditure plan which employs … degree of flexibility in managing the run-down of retirement assets; (3) capital protection in the form of ‘money …