Asset accumulation and decumulation over the life cycle. The role of financial literacy

Margherita Borella and Mariacristina Rossi (both University of Turin) review the literature on the role of financial literacy in planning wealth patterns over the life cycle. They initially look at the first stage of the life cycle, when individuals are active in the labor market, and focus on the role of financial literacy in fostering wealth accumulation. Financial literacy also matters in portfolio composition efficiency. An understudied topic that they also explore in this paper is whether financial literacy can help individuals better plan asset depletion in the last part of their life cycle.

Netspar, Network for Studies on Pensions, Aging and Retirement, is een denktank en kennisnetwerk, gewijd aan het bevorderen van een beter begrip van de economische en sociale gevolgen van pensioenen, vergrijzing en ‘de oude dag’ in Nederland en Europa.

MEER OVER NETSPAR


Missie en strategie           •           Netwerk           •           Organisatie
Netspar Brief       •          Werkprogramma 2019-2023        •         Onderzoeksagenda Netspar NexT

OVER NETSPAR

Onze partners

B20190901_nidi-logo_greyscale
ministeries
B20160708_universiteit utrecht
B20160708_dnb
Print
Bekijk al onze partners