How Real People Make Long-Term Decisions: The Case of Retirement Preparation [PDF]
A canonical but untested assumption in economics is that choices are determined only by preferences and budget constraints, but not by how people approach decision making.
Binswanger, J., Carman, K.G.
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Planning and Financial Literacy: How Do Women Fare? [PDF]
This study uses data from the module on planning and financial literacy devised for the Health and Retirement Study in 2004. It finds that women display much lower levels of literacy than respondents in the total sample. Lack of literacy has implications
Annamaria Lusardi
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The Knowledge Gap in Workplace Retirement Investing and the Role of Professional Advisors [PDF]
, 2016 The dramatic shift from traditional pension plans to participant-directed 401(k) plans has increased the obligation of individual investors to take responsibility for their own retirement planning. With this shift comes increasing evidence that investors
Firth, Kristin +2 more
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The adequacy of life insurance: evidence from the health and retirement survey [PDF]
This study examines life insurance adequacy among married American couples approaching retirement based on the 1992 Health and Retirement Survey with matched Social Security earnings histories.
B. Douglas Bernheim +3 more
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Retirement expectations and effects : a thesis presented in fulfilment of the requirements for the degree of Master of Arts in Social Anthropology at Massey University [PDF]
, 1987 In New Zealand, as in other Western societies, retirement has become a distinct and lengthy phase of the life-cycle. Some researchers have directed attention towards this topic but at present the potential for in-depth research on people in later life is
Scotney, Tere
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Withdrawal Rates, Savings Rates, and Valuation-Based Asset Allocation [PDF]
While most everyone would agree that valuations matter, the question remains as to whether clients with a long-term outlook (such as those planning for retirement) can hope to act successfully on information about valuations.
Pfau, Wade Donald
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Financial literacy and retirement planning in Germany [PDF]
We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial concepts is lacking among women, the less educated, and those living in East Germany.
Bucher-Koenen, Tabea, Lusardi, Annamaria
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Getting on Track for a Sustainable Retirement: A Reality Check on Savings and Work [PDF]
The aim of traditional retirement planning is to set a wealth accumulation target for your retirement date so that your desired expenditures can be obtained using a “safe” withdrawal rate.
Pfau, Wade Donald
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Comparing the Economic and Conventional Approaches to Financial Planning [PDF]
The conventional approach to retirement and life insurance planning, which is used throughout the financial planning industry, differs markedly from the economic approach.
Jagadeesh Gokhale +2 more
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Life Insurance Firms in the Retirement Market: Is the News All Bad? [PDF]
The role of the insurance industry in the retirement assets market is examined. The popular image of the industry as one in decline is scrutinized by drawing upon various governmental and industry data sources. Our examination begins with the traditional
Anthony M. Santomero, Paul Hoffman
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