In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …

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 …