- 17 Sep 2018
- Research & Ideas
Welcome to Retirement. Who Am I Now?
Transitioning from work to retirement can be bumpy, as we wrestle with questions of identity and rebuilding relationships. Teresa Amabile presents preliminary findings on the journey to after-work life. Open for comment; Comment(s) posted.
- 15 Feb 2016
- Research & Ideas
Want Your Employees to Plan Better for Retirement? Don't Do This
Will people plan more for retirement if they know how their peers are progressing on the same goal? Research by John Beshears and colleagues finds that sharing retirement data can sometimes backfire on employers. Open for comment; Comment(s) posted.
- 30 Jun 2008
- Research & Ideas
Rethinking Retirement Planning
Many of us are relying on defined contribution plans to help fund retirement. But Harvard Business School professor Robert C. Merton believes today's plans are not sustainable. So what's next? A new way to look at the problem. Key concepts include: Defined contribution plans currently offered by the majority of employers place an undue burden on workers who don't have the interest, time, or expertise to manage their finances. A new pension program focuses on an inflation-protected annuity rather than an endpoint with a lump sum of accumulated wealth. The program requires few interactions from users: "set it and forget it." Closed for comment; 0 Comment(s) posted.
How do Private Equity Fees Vary Across Public Pensions?
As state and local defined-benefit pensions increasingly shift capital from traditional asset classes to private-market investment vehicles, this analysis shows that public pensions investing in the same private-market fund can experience very different returns.
Optimal Illiquidity
This paper evaluates the optimality of retirement savings systems, finding that the best mix is a three-account system with a perfectly liquid savings account, a partially illiquid savings account (with an early-withdrawal penalty of approximately 10%), and a completely illiquid savings account.