, health care, and retirement planning, all of which are very important for the well-being of the elderly. Our review suggests …

Using a lifecycle model of consumption, saving and portfolio choice combined with linked survey and administrative data … on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …

three well-established puzzles in the retirement literature. The first puzzle is that, given incentives, the extent of … of uncertainty and including a claiming decision, an explanation of this last puzzle: the actuarial calculations implying …

choose to retain the deferred annuity. We use a realistically calibrated life-cycle consumption/saving/asset allocation model … both for individual retirement planning and for policymakers, especially if legislation makes annuitization, at least in … annuities, which is of relevance to insurance pricing. -- Stochastic Mortality ; Deferred Annuitization ; Retirement Decisions …

estimated preferences explain actual retirement decisions up to 82% of our sample for reasonable indifference intervals. Freedom …

saving by public and private pensions. Some parameters of the model are estimated and others are calibrated to match life …This paper specifies a life cycle model of saving and employment and uses it to analyze crowd out of private household … benefit (DB) and defined contribution (DC) pensions on average crowd out household wealth by $ 0 09 and $ 0 37 per dollar of …

until 2050. To quantify the effects on pensions, taxes and social contributions, we use an overlapping generations model … with five margins of labor supply: labor market participation, hours worked, job search, retirement, and on … retirement age to 68 years, may limit the tax increases to 4 percentage points of value added tax and reduce the decline of per …

possession of retirement saving accounts among spouses is positively correlated, hinting at a “crowding-in” of saving accounts … “crowding-in” of total retirement saving amounts between spouses, probably due to some “recognition effect”. The unitary model …-mandatory retirement savings. To answer this question we analyze the intra-household allocation of retirement savings between partners in …