Collectively, Americans are woefully unprepared financially for retirement. This retirement problem actually reflects a … participants.To achieve success, in our view the retirement plan of the future needs these features:• Contribution levels should be ….• Longevity risk should be minimized by pooling individual participants' assets with others.• Retirement age should be deferred …

retirement security, enhancing welfare by up to 20% of retiree plan accruals. …

used for rebalancing purposes. We argue that the optimal retirement product for a household is much more complex than any …

Most Americans have not estimated how much they need to save for retirement. This lack of awareness may contribute to … low levels of retirement savings. We investigate the relation between planning and retirement wealth. Those who have … estimated how much they need to save for retirement have significantly higher retirement wealth. Respondents who rely on an …

advisers to retirement savers. The article also canvasses the customary role of an investment policy statement in promoting … that imposes on financial advisers to retirement savers “fiduciary” status under the Employee Retirement Income Security … Act. The Department reasoned that the fiduciary duty of loyalty was necessary to protect retirement savers from conflicted …

Retirement planning is an issue that must be tackled early and solved backward. It must be tackled early because with a … retirement. This article introduces an approach that integrates the working period and the retirement period; leads the … a target portfolio specifically designed to sustain a desired retirement. The analytical framework introduced yields …

Retirement outcomes would be improved if retirees had access to insurance products that linked guaranteed, inflation …-adjusted income to life cycle investment portfolio strategies. Suitable retirement planning for individual, defined contribution plans … must concurrently account for trade-offs during the pre-retirement wealth accumulation phase of life as well as income …