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 …

pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household … have lower (higher) expected standards of living in retirement, due to the uncertainty regarding intrahousehold resource … sharing. The empirical results suggest that household bargaining is significantly correlated with individual retirement …

One important parameter in the decision process when buying a private annuity is individuals' subjective life … for women invested in private annuity contracts …