Retirement planning: A literature review

Sara Pavia; Simon Grima

doi:10.1108/S1569-375920190000101008

Retirement planning: A literature review

Sara Pavia
, Simon Grima

MAPFRE MSV Life
University of Malta

Research output: Chapter in Book/Report/Conference proceeding › Chapter › Research › peer-review

4 Citations (Scopus)

Abstract

The authors herein carry out a literature review of retirement planning and highlights that proper retirement planning starts by looking at the level of income an individual is likely to continue receiving at retirement if they were to take no action, then comparing this to what they would need to lead the lifestyle they desire. The authors review the traditional economic theories that many are accustomed to when interpreting financial matters (i.e., rational behavior) and compares this to the various studies and articles found in literature. The authors then dig into retirement planning in Malta and the behavioral obstacles to proper planning and how these are tackled in different European countries.

Original language	English
Title of host publication	Contemporary Studies in Economic and Financial Analysis
Publisher	Emerald Group Publishing Ltd.
Pages	97-138
Number of pages	42
DOIs	https://doi.org/10.1108/S1569-375920190000101008
Publication status	Published - 2019
Externally published	Yes

Publication series

Name	Contemporary Studies in Economic and Financial Analysis
Volume	101
ISSN (Print)	1569-3759

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

Behavioral finance
Financial literacy
Financial planning heuristics
Market sentiment
Personal pensions
Retirement planning

Access to Document

10.1108/S1569-375920190000101008

Cite this

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keywords = "Behavioral finance, Financial literacy, Financial planning heuristics, Market sentiment, Personal pensions, Retirement planning",

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doi = "10.1108/S1569-375920190000101008",

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AU - Grima, Simon

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AB - The authors herein carry out a literature review of retirement planning and highlights that proper retirement planning starts by looking at the level of income an individual is likely to continue receiving at retirement if they were to take no action, then comparing this to what they would need to lead the lifestyle they desire. The authors review the traditional economic theories that many are accustomed to when interpreting financial matters (i.e., rational behavior) and compares this to the various studies and articles found in literature. The authors then dig into retirement planning in Malta and the behavioral obstacles to proper planning and how these are tackled in different European countries.

KW - Behavioral finance

KW - Financial literacy

KW - Financial planning heuristics

KW - Market sentiment

KW - Personal pensions

KW - Retirement planning

UR - https://www.scopus.com/pages/publications/85067382370

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M3 - Chapter

AN - SCOPUS:85067382370

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SP - 97

EP - 138

BT - Contemporary Studies in Economic and Financial Analysis

PB - Emerald Group Publishing Ltd.

ER -

Retirement planning: A literature review

Abstract

Publication series

UN SDGs

Keywords

Access to Document

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