Artikler som begynner med W

Will we repay our debts before retirement? Or did we already, but nobody noticed?

Will we repay our debts before retirement? Or did we already, but nobody noticed?

torsdag, 17 november 2016
  • This paper uses a micro-simulation model to analyze the future housing debt position of specific groups of Dutch mortgage owners, such as starters and the self-employed, around the time of their future retirement. Our analysis shows that most household debt is in interest-only (IO) loans, which cease being fiscally deductible 30 years after origination— in most cases around the time of the mortgagor’s retirement.

Who Wins? Evaluating the Impact of UK Public Sector Pension Scheme Reforms

Who Wins? Evaluating the Impact of UK Public Sector Pension Scheme Reforms

fredag, 03 juni 2016
  • Radical changes have been implemented to pension schemes across the UK public sector from April 2015. This paper simulates how these changes will affect the lifetime pension and how the negotiated pension changes compare across six public sector schemes by level of education. Specifically, we simulate the occupation specific Defined Benefit (DB) pension wealth accumulated for a representative employee over the lifecycle by factoring in the recent changes to pension conditions.

Will the Explosion of Student Debt Widen the Retirement Security Gap?

Will the Explosion of Student Debt Widen the Retirement Security Gap?

mandag, 08 februar 2016
  • Student loan debt was $1.2 trillion in 2015, compared to just $0.2 trillion in 2003. It now accounts for more than 30 percent of total household non-mortgage debt, having surpassed credit card debt in 2011. The average student debt level for recent college students in 2013 was $31,000.1 The question is whether starting out $31,000 in the hole could have a big impact on households’ retirement preparedness.

Working Time Reductions at the End of the Career: Do They Prolong the Time Spent in Employment?

Working Time Reductions at the End of the Career: Do They Prolong the Time Spent in Employment?

fredag, 29 januar 2016
  • In this paper we study the effects on the survival rate in employment of a scheme that facilitates gradual retirement through working time reductions. We use information on the entire labour market career and other observables to control for selection and take dynamic treatment assignment into account. We also estimate a competing risks model considering different (possibly selective) pathways to early retirement.

What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Account Balances, 2007–2013

What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Account Balances, 2007–2013

fredag, 02 oktober 2015
  • The average 401(k) account balance of workers who participated consistently in a 401(k) plan from year-end 2007 to year-end 2013 increased significantly between 2012 and 2013, according to an updated annual study by the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI).

Will the Average Retirement Age Continue to Increase?

Will the Average Retirement Age Continue to Increase?

fredag, 11 september 2015
  • Using Health and Retirement Study (HRS) data, this paper examines how changes in individual workers’ past and present pension coverage, retirement incentives in Social Security, and retiree health insurance have contributed to retirement decisions for the 1931-1953 birth cohorts.

Will the Average Retirement Age Continue to Increase?

Will the Average Retirement Age Continue to Increase?

torsdag, 10 september 2015
  • Working longer is a powerful lever to enhance retirement security.  Individuals should be able to extend the number of years they work because, on average, they are healthier, live longer, and face less physically demanding jobs.  But averages are misleading when discrepancies in health, job prospects, and life expectancy have widened between individuals with low and high socioeconomic status (SES). 

What Drives the Association between Health and Portfolio Choice

What Drives the Association between Health and Portfolio Choice

fredag, 12 juni 2015
  • There is a persistent association between health and portfolio choice, but hardly anything is known about the underlying sources of heterogeneity: what makes healthier individuals hold more risky assets?

Where Are the Retirement Savings of Self-Employed?

Where Are the Retirement Savings of Self-Employed?

mandag, 11 mai 2015
  • Survey data show that many respondents save for retirement in unconventional retirement accounts, such as investments in real estate. In countries where retirement savings are not mandatory for self-employed, representatives of this group often report this as an argument against making retirement savings compulsory.

What Do Subjective Assessments of Financial Well-Being Reflect?

What Do Subjective Assessments of Financial Well-Being Reflect?

onsdag, 25 mars 2015
  • Subjective financial assessments are used by social scientists as a measure of financial well-being and by households as the basis for action. Financial well-being, however, increasingly requires workers to build-up savings to meet hard-to-see future needs, specifically retirement, their children’s education, and paying off student loans.

Which States Have the Highest Retirement Plan Participation?

Which States Have the Highest Retirement Plan Participation?

onsdag, 03 september 2014
  • It’s often said that in real estate, it’s all about “location, location, location.” But physical location also appears to have an impact on participation in an employment-based retirement plan, according to a new report from the nonpartisan Employee Benefit Research Institute (EBRI).

Working career and income of part-time pensioners in Finland

Working career and income of part-time pensioners in Finland

fredag, 04 juli 2014
  • This report primarily examines part-time pension recipients who retired between the years 2005–2009. The report is based on register data, through which, for the first time, it is now possible to comprehensively take into account all earnings that accrue statutory pension.