There comes a time in each of our lives when we consider starting a pension plan –either on the advice of a friend, a relative, or of our own volition. The plan of choice may depend on various factors, such as the age and ...
Mathematics
Oct 21, 2013
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When researchers set out to study 401(k) retirement savings accumulation, they found that thousands of studies of retirement savings accumulation ignored the surprisingly high rate of departing employees who cash out retirement ...
Economics & Business
Jul 20, 2023
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12
Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources, according to a new RAND Corporation report.
Social Sciences
Dec 8, 2022
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24
State-sponsored retirement plans could help workers save more and help retirees rely less on social services—as long as the cost-effectiveness of such plans aren't bogged down by fees—according to a new report from Rice ...
Economics & Business
Nov 9, 2022
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Most employees in the U.S. with certain retirement accounts may be surprised when they open their next quarterly statements—and not just because of recent turmoil in financial markets, according to a paper from a University ...
Economics & Business
May 13, 2022
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51
Experienced older workers will retire eventually, but a new study suggests how employers may persuade some of them to stick around for a few more years.
Economics & Business
Oct 27, 2021
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Cash in on the kids' inheritance and spend up big on the retirement plans—that's the message coming from the University of South Australia as new research reveals that older people are keen to spend their well-earned savings, ...
Social Sciences
Jul 2, 2021
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4
Starting a new job often includes enrolling in a company's retirement plan. As defined contribution plans, such as 401(k) plans, become more common than pension plans, American workers are increasingly responsible saving ...
Economics & Business
Jan 15, 2020
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11
The United States is facing a retirement savings crisis. Nearly half of all Americans have nothing saved for their retirement or have no access to retirement plans at work. About half of white Americans will not be able to ...
Economics & Business
Nov 5, 2019
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3
A study of married couples in Vietnam suggests that, when one spouse tends to favor immediate rewards, marriage does not help them commit to saving money. Hisaki Kono of Kyoto University, Japan, and Tomomi Tanaka of the World ...
Social Sciences
Jun 19, 2019
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