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Feldstein [1985] posed the questions of what would be the optimal level of retirement benefit, and what would be the …
Persistent link: https://www.econbiz.de/10013321036
and planned retirement timing decisions. Theory predicts that hyperbolic time preferences can lead to dynamically … inconsistent retirement timing. We find that time inconsistent participants retire on average 1.75 years earlier than time … consistent participants. Participants, who are not yet retired, decrease their planned retirement age as they grow older. This …
Persistent link: https://www.econbiz.de/10012855524
equilibrium involving an old-age pensions system, partly financed by PAYG and partly by a capital reserve system, and what will be …
Persistent link: https://www.econbiz.de/10001740715
equilibrium involving an old-age pensions system, partly financed by PAYG and partly by a capital reserve system, and what will be …
Persistent link: https://www.econbiz.de/10013320072
participant in a defined contribution plan system will have sufficient assets to generate adequate retirement income. Similar to … gauge whether she is “on-track” for accumulating sufficient retirement wealth. Applying this measure to a sample of TIAA … include measures such as the ASR and retirement income projections in order for participants to make better, more informed …
Persistent link: https://www.econbiz.de/10013027766
Claiming Social Security retirement benefits before the full retirement age (FRA) results in permanently lower benefits … encouraging individuals to delay claiming in the months and years before reaching their FRA, such as changing the early retirement … various ages and analyze one of the incentives to encourage delayed claiming: changing the early retirement reductions. We …
Persistent link: https://www.econbiz.de/10014036737
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions … reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit …
Persistent link: https://www.econbiz.de/10014370431
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions … reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit …
Persistent link: https://www.econbiz.de/10013472034
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions … reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit …
Persistent link: https://www.econbiz.de/10014476768
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions … reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit …
Persistent link: https://www.econbiz.de/10014088379