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Over the last several decades, there has been a well-documented trend away from defined benefit plans toward defined contribution plans, in which an employee's retirement income depends on contributions to the plan along with the investment earnings on those contributions. Current workers More information...
Audience: Researcher
Type of Resource: Peer-reviewed Journal
Tags: financial literacy, psychosocial factors, financial competency, retirement security
Date: 3/1/2013
The majority of research on the retirement decision has focused on the health and wealth aspects of retirement. Such research concludes that people in better health and those enjoying a higher socioeconomic status tend to work longer than their less healthy and less wealthy counterparts. While More information...
Audience: Individual Researcher Teacher
Type of Resource: Peer-reviewed
Tags: behavioral economics, psychology, retirement, benefit claiming
Date: 11/1/2011