Cognitive function, numeracy and retirement saving trajectories.

This paper examines the extent to which cognitive abilities relate to differences in trajectories for key economic outcomes as individuals move towards and through their retirement. We look at whether differences in baseline numeracy (measured in the English Longitudinal Study of Ageing in 2002) and broader cognitive ability predict the subsequent trajectories of outcomes such as wealth, retirement income and key dimensions of retirement expectations. Those with lower numeracy are shown to have different wealth trajectories both pre- and post-retirement than their more numerate counterparts, but the distributions of retirement expectations and net replacement rates are similar across numeracy groups.

• Publication year

  2010

• Venue

  Economic Journal

• Publication date

  2010-10-20

• Fields of study

  Medicine, Economics, Psychology

• Identifiers
  DOI 10.1111/J.1468-0297.2010.02395.XPMID 22228911PMCID PMC3249594
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar, PubMed

• No claims are published for this paper.

• No concepts are published for this paper.

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