Financial literacy and preparation for retirement

Henriette Prast; Arthur van Soest

doi:10.1007/s10272-016-0588-9

Financial literacy and preparation for retirement

Henriette Prast, Arthur van Soest

Research output: Contribution to journal › Article › Scientific › peer-review

15 Citations (Scopus)

Abstract

To meet the challenges of an ageing population, eligibility ages for state pensions have increased, early retirement arrangements have been abolished, and a substantial part of the risk and responsibility for an adequate standard of living after retirement has been shifted from the government, employers and pension funds to individuals and private households. Consequently, policy makers have become more concerned with whether individuals are able to make pension-related decisions that are in their own best interest.

Original language	English
Pages (from-to)	113-118
Journal	Intereconomics: Review of European Economic Policy
Volume	51
Issue number	3
DOIs	https://doi.org/10.1007/s10272-016-0588-9
Publication status	Published - May 2016

Keywords

economic policy
european integration
social policy
labor economics

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10.1007/s10272-016-0588-9

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abstract = "To meet the challenges of an ageing population, eligibility ages for state pensions have increased, early retirement arrangements have been abolished, and a substantial part of the risk and responsibility for an adequate standard of living after retirement has been shifted from the government, employers and pension funds to individuals and private households. Consequently, policy makers have become more concerned with whether individuals are able to make pension-related decisions that are in their own best interest.",

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AB - To meet the challenges of an ageing population, eligibility ages for state pensions have increased, early retirement arrangements have been abolished, and a substantial part of the risk and responsibility for an adequate standard of living after retirement has been shifted from the government, employers and pension funds to individuals and private households. Consequently, policy makers have become more concerned with whether individuals are able to make pension-related decisions that are in their own best interest.

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KW - european integration

KW - social policy

KW - labor economics

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JO - Intereconomics: Review of European Economic Policy

JF - Intereconomics: Review of European Economic Policy

IS - 3

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Financial literacy and preparation for retirement

Abstract

Keywords

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