Staff View: Saving for Old Age

Saving for Old Age

Countries around the world face a retirement crisis brought on by aging populations, declining birthrates, and fiscal shortfalls. As a result, policy makers increasingly seek to understand retirement savings patterns, a crucial component of the saf...

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Bibliographic Details
Main Authors:	Demirguc-Kunt, Asli, Klapper, Leora, Panos, Georgios A.
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	UNEXPECTED EXPENSES HOME OWNERSHIP FINANCIAL SERVICES DEPOSIT FINANCIAL DECISIONS ACCOUNTING BEHAVIORAL ECONOMICS PUBLIC ECONOMICS RETIREMENT SOCIOECONOMIC STATUS ILLITERACY INCOME INTEREST VOLUNTARY SAVING FINANCIAL LITERACY CONTRIBUTION PENSION SYSTEMS WORTH SAVINGS BEHAVIOR INTEREST RATE AUTOMATIC ENROLLMENT SPENDING INCOME GROUP RESPONSIBILITY INFORMATION LABOR FORCE BEQUEST FINANCIAL ILLITERACY RECESSION MORTGAGE WELFARE LOWER-INCOME WORKERS LOAN OWNERSHIP PENSION SYSTEM CONTRIBUTION RATES SAVING RETIREMENT DECISION INSURANCE SCHEME PENSION LIFE EXPECTANCY RETIREMENT AGES SAFETY NETS LITERACY KNOWLEDGE LABOR MARKET RETIRED SAVINGS RETIREMENT EXPECTATIONS FINANCIAL INSTITUTION WAGE MONEY PROBABILITY SOPHISTICATED INVESTORS FINANCES PRECAUTIONARY SAVINGS RETIREMENT AGE INTEREST RATES UNEMPLOYED OLDER WORKERS FINANCIAL INSTITUTIONS DEBT RETIREMENT PLANNING HOUSEHOLD INCOME SAVINGS PATTERNS FINANCIAL PRODUCTS BUSINESS CYCLE SOCIAL SECURITY SOCIAL PROTECTION VALUABLE DEFINED CONTRIBUTION PENSIONS FINANCIAL SYSTEM SUBSIDIES INCOME DISPARITIES DEFINED BENEFIT PENSIONS FINANCE OTHER ASSETS SAVINGS ACCOUNT BANKS INVESTMENT DECISIONS SAVINGS RATES INVESTORS FEDERAL RESERVE UNDERSTANDING PENSIONS CONSUMER VOLUNTARY SAVINGS CONSUMER CHARACTERISTICS EXPENSES INSURANCE SCHEMES SAVINGS PROGRAMS LIMITED GOAL FINANCIAL CRISIS PENSIONS CONTRIBUTION RATE BANK CONTRIBUTIONS PERSONAL SAVING SAFETY NET FINANCIAL SECURITY DISABILITY INSURANCE PROPERTY TAX RATES RETIREMENT SAVING PRIVATE PENSIONS RETIREMENT PLAN RETIREMENT FUNDS RETIREMENT SECURITY BUSINESS SCHOOL INSURANCE CONTRIBUTION PENSIONS RETIREMENT SAVINGS RETIREMENT ASSETS SECURITY EDUCATION PENSION SCHEME INVOLUNTARY RETIREMENT INVESTMENT FINANCIAL MARKETS PENSION BENEFIT DISABILITY RETIREMENT PROGRAMS NO RETIREMENT SAVINGS PENSION SCHEMES RISK MANAGEMENT OLDER INDIVIDUALS PENSION COVERAGE PRIMARY EDUCATION PENSION SPENDING PENSION PROVISION SECONDARY EDUCATION SAVERS SOCIAL SECURITY CONTRIBUTION RESEARCH ASSISTANCE FINANCIAL INCENTIVES
Online Access:	http://documents.worldbank.org/curated/en/2016/06/26428607/saving-old-age http://hdl.handle.net/10986/24532

Saving for Old Age

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