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How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness [PDF]

open access: yes
This paper reports on several self-assessed and objective measures of financial literacy newly added to the American Life Panel (ALP), and it links these performance measures to efforts consumers make to plan for retirement.
Annamaria Lusardi, Olivia S. Mitchell
core  

Factors influencing planning for retirement [PDF]

open access: yes, 2002
This research identified four different aspects of decisions to retire. Firstly, it describes the planned retirement age decision of the sample in terms of an ogive; secondly, it identifies the factors influencing the decisions to retire by retirees and ...
Beal, Diana, Delpachitra, Sarath
core  

The Effect of Future Orientation and Financial Literacy on Family Retirement Planning Mediated by Saving Attitude

open access: yesJurnal Sosial Humaniora
One of the ways to plan for a retirement plan is by setting a part of the income or funds owned for future life purposes. Retirement planning for families is carried out so that the finances remain stable when entering retirement.
Muhammad Arfan Hajam
doaj  

Partial Retirement and the Analysis of Retirement Behavior [PDF]

open access: yes
This paper examines the phenomenon of partial retirement . Topics covered include: (1) the quantitative importance of partial retirement, (2) institutional constraints in addition to mandatory retirement which limit the opportunity to retire partially in
Alan L. Gustman, Thomas L. Steinmeier
core  

How much should Americans be saving for retirement? [PDF]

open access: yes
How much should Americans save prior to retirement? Given Social Security's shaky financial condition, this is a critical question for baby boomers. A financial planning program-ESPlanner-is applied to data from the Health and Retirement Survey (HRS) to ...
Lorenzo Forni   +3 more
core  

Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education Programs [PDF]

open access: yes
Economists are beginning to investigate the causes and consequences of financial illiteracy to better understand why retirement planning is lacking and why so many households arrive close to retirement with little or no wealth.
Annamaria Lusardi, Olivia Mitchell
core  

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