This study examines the divergence between objective and subjective assessment of retirement adequacy, analyzing U … with objective inadequacy, and what factors were related to being an optimist despite having objective retirement …

I review the academic literature on defined contribution retirement plan design and participant behavior. While … employer-based retirement savings and liquid savings, the pros and cons of target date funds as default investment options …

-owning households. In mid-2020, 37 percent of US households owned individual retirement accounts (IRAs), most commonly traditional IRAs …. More than eight in 10 IRA-owning households also had employer-sponsored retirement plan accumulations or had defined … benefit plan coverage. All told, more than six in 10 US households had retirement plans through work or IRAs; more than three …

This paper presents survey results on the incidence of individual retirement account (IRA) ownership in the United … households owned IRAs. More than eight in 10 IRA-owning households also had employer-sponsored retirement plan accumulations or … employer-sponsored IRAs. Rollovers from employer-sponsored retirement plans have fueled the growth in IRAs. In mid-2021, 57 …

households’ retirement saving: In mid-2022, more than four in 10 US households owned IRAs. Traditional IRAs were the most common …This paper presents survey results on the incidence of individual retirement account (IRA) ownership in the United … often also had employer-sponsored retirement plan accumulations or had DB plan coverage. Rollovers from employer …

We extend previous studies of retirement adequacy by testing the effect of financial sophistication on projected … retirement adequacy. In an analysis of the 2010 Survey of Consumer Finances (SCF) dataset, we found that only 42% of households … are adequately prepared for retirement compared to 58% in 2007. We tested the effects of three proxies for financial …

This Chapter explores how an environment of persistent low returns influences saving, investing, and retirement … observed saving, work, and claiming age behavior of U.S. households. In particular, our model generates a large peak at the … the (system-defined) Full Retirement Age of 66. In the context of a zero-return environment, we show that workers will …

In the traditional retirement scenario, individuals work full-time until a given age and then stop working abruptly. In … the alternative partial retirement scenario, individuals work part-time for several years before they stop working. For … the individual, partial retirement provides a smooth transition to full-retirement where they gradually adjust to a …