A widespread perception is that state-local government workers receive high pension benefits which, combined with Social Security, provide more than adequate retirement income. This study uses the Health and Retirement Study (HRS) and actuarial reports to test this hypothesis.

This paper uses asset and labor market data from the Health and Retirement Study (HRS) to investigate how the recent "Great Recession" has affected the wealth and retirement of those in the population who were just approaching retirement age at the beginning of the recession, a potentially vulnerable segment of the working age population.

Pension plan sponsors in the Netherlands are facing their second funding challenge in the past decade, this one more severe than the first.

Our findings suggest that although the consequences of the decline in the stock market are serious for those approaching their retirement, the average person approaching retirement age is not likely to suffer a life changing financial loss from the stock market downturn of 2008-2009.

Our findings suggest that although the consequences of the decline in the stock market are serious for those approaching their retirement, the average person approaching retirement age is not likely to suffer a life changing financial loss from the stock market downturn of 2008-2009.

How do low-income households think about retirement? Do they think about retirement? If so, when do they think they will retire, and what is it they plan to live on?

The stock market crash eliminated more than $2 trillion in wealth held in defined contribution retirement accounts, about one-third of the pre-crash total. Unless offset by a later retirement age and/or increased retirement saving, this wealth shock will significantly reduce the retirement incomes of workers now approaching retirement – cohorts who will depend primarily on 401(k) balances once they stop working.

Chile has been at the forefront of pension reform, having switched in 1980 from a pay-as-you-go system to a fully funded privatized accounts system. The Chilean system served as a model for reform in many other Latin American countries and has also been considered by U.S. policy makers as a possible prototype for social security reform. Some of the criticisms of the Chilean system are low coverage rates and contributions rates among certain segments of the population.

Due to a changing retirement landscape, many baby boomers are likely to have insufficient resources for a secure retirement. One potential source that could improve their situation is inheritances. Using data from the Survey of Consumer Finances and the Health and Retirement Study, this study quantifies how much boomers can expect to inherit.

Due to a changing retirement landscape, many baby boomers are likely to have insufficient resources for a secure retirement. One potential source that could improve their situation is inheritances.

The National Retirement Risk Index (NRRI) measures the share of American households ‘at risk’ of being unable to maintain their pre-retirement standard of living in retirement.

Sigbjørn Johnsen hedrer den nye forkningen til Dr Hyggen og hermann