Titelaufnahme

Titel
The determinants of retirement planning within couples in Ireland / Karina Doorley (ESRI, Trinity College Dublin and IZA), Anne Nolan (ESRI, Trinity College Dublin and The Irish Longitudinal Study on Ageing) ; IZA Institute of Labor Economics
VerfasserDoorley, Karina ; Nolan, Anne
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, February 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (28 ungezählte Seiten) : Diagramme
SerieDiscussion paper ; no. 12188
URNurn:nbn:de:hbz:5:2-183065 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
The determinants of retirement planning within couples in Ireland [0.45 mb]
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Zusammenfassung (Englisch)

Financial literacy is higher for men than for women and high financial literacy has been linked to higher wealth and better retirement planning. However, relatively little is known about the decision making process for retirement savings within couples and about how the gap or interaction between the financial literacy of members of a couple influences their preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement couples and their level of wealth and financial stress using TILDA data for Ireland. We find that joint financial literacy is more highly correlated with household wealth, particularly real estate, than the financial literacy of individual members of the couple but that, where individual level financial literacy is associated with wealth, it is the financial literacy of the man in the couple which plays the most important role.