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to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure … higher‐return tax‐advantaged private pensions and in housing. Second, we find that only the most patient households achieve …
Persistent link: https://www.econbiz.de/10012213993
When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high priority and large controversy. The aim of this chapter is not to provide a “consensus view” on social security and public insurance in aging populations but to put structure...
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We review the evidence on decision making in complex choice situations—i.e., situations where there are many alternatives and/or where attributes of alternatives are difficult to understand. We focus on choices about health insurance, health care, and retirement planning, all of which are very...
Persistent link: https://www.econbiz.de/10014023472
to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure … higher-return tax-advantaged private pensions and in housing. Second, we find that only the most patient households achieve …
Persistent link: https://www.econbiz.de/10012215428
supplementary savings needed to cover it. The issue of pension system income adequacy is first discussed, and the forecasted and … defined and the size of the gap is analyzed. The amount of savings needed to cover the pension gap is then computed. How … changes in the values of particular parameters influence the amount of monthly savings needed to cover the individual pension …
Persistent link: https://www.econbiz.de/10011689455
, the public pension system cannot make the happiness level higher comparing to private savings. This paper concludes that …
Persistent link: https://www.econbiz.de/10011904261