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Financial Literacy and Preparation for Retirement

Author

Listed:
  • Henriette M. Prast

    (Tilburg School of Economics and Management)

  • Arthur van Soest

    (Tilburg School of Economics and Management)

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.

Suggested Citation

  • Henriette M. Prast & Arthur van Soest, 2016. "Financial Literacy and Preparation for Retirement," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(3), pages 113-118, May.
    • Handle: RePEc:spr:intere:v:51:y:2016:i:3:d:10.1007_s10272-016-0588-9
    DOI: 10.1007/s10272-016-0588-9
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    Cited by:

    1. Najat El Mekkaoui & Bérangère Legendre, 2022. "Does pension information impact savings?," Post-Print hal-03877170, HAL.
    2. Lanotte, Myriam & Devolder, Pierre, 2022. "Communication relative aux pensions : digitalisation et défis pour l'avenir," LIDAM Discussion Papers ISBA 2022015, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
    3. Debets, Steven & Prast, Henriette & Rossi, Mariacristina & van Soest, Arthur, 2018. "Pension Communication in the Netherlands and Other Countries," Other publications TiSEM 247a0420-2150-40f5-8b29-8, Tilburg University, School of Economics and Management.
    4. M. Dinkova & S.K. Elling & A.S. Kalwij & L.R. Lentz, 2019. "You’re invited – RSVP!: The role of tailoring in incentivising people to delve into their pension situation," Working Papers 19-13, Utrecht School of Economics.
    5. Francisco J. Oliver-Márquez & Almudena Guarnido-Rueda & Ignacio Amate-Fortes, 2021. "Measuring financial knowledge: a macroeconomic perspective," International Economics and Economic Policy, Springer, vol. 18(1), pages 177-222, February.

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