ROBERT L. CLARK
North Carolina State University - College of Management
2003
PRC Working Paper No. 2003-15
Abstract:
This chapter examines the impact of participation in financial education seminars on the desired retirement age of individuals and on their expected levels of retirement income. Individuals were found to change their retirement goals after attendance in such a seminar. In addition, participants also reported that they planned to change their retirement saving behavior based on knowledge gained at the seminar. Women were much more likely to alter their retirement goals and saving behavior. Using information on seminars conducted by TIAA-CREF, and survey data on the participants, the authors estimate the determinants of changes in retirement goals and saving behavior.
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Contact Information for VIRGINIA JURIKA (Contact Author)
Email address for VIRGINIA JURIKA
University of Pennsylvania - The Wharton School
3641 Locust Walk
Philadelphia , PA 19104-6365
United States
3641 Locust Walk
Philadelphia , PA 19104-6365
United States
Contact Information for ROBERT L. CLARK
Email address for ROBERT L. CLARK
North Carolina State University - College of Management
Raleigh , NC 27695-8614
United States
919-515-5560 (Phone)
919-515-5564 (Fax)
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