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We contribute to the literature on saving in retirement by studying the saving behavior of retirees in Iceland, a … remains positive in retirement and depends on having children, their income, and their saving. The saving rate drops upon the …
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This paper analyses major pension system regulation in four European countries: Denmark, Germany, Sweden, and the United Kingdom. It is focused on the government's and social partner's efforts to provide old-age security benefits, and how these regulatory approaches have shaped the current...
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Tax-qualified vehicles helped U.S. private-sector workers accumulate $25Tr in retirement assets. An often …-overlooked important institutional feature shaping decumulations from these retirement plans is the "Required Minimum Distribution" (RMD …) regulation, requiring retirees to withdraw a minimum fraction from their retirement accounts or pay excise taxes on withdrawal …
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private retirement saving. In this paper, we present the first assessment of the optimality of the retirement resources of … level of living standards in both working life and retirement. We use a life-cycle model of consumption and saving to … used to assess the adequacy of households' retirement resources suggests that using a simple replacement rate benchmark …
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