Who Chooses Annuities? An Experimental Investigation of the Role of Gender, Framing, and Defaults
Women nearing retirement are more likely than men to choose the annuity option, which is in part due to having less information on investment options and financial literacy.
Julie R. Agnew,
Lisa R. Anderson,
Jeffrey R. Gerlach,
Lisa R. Szykman
Who Chooses Annuities? An Experimental Investigation of the Role of Gender, Framing, and Defaults
Women nearing retirement are more likely than men to choose the annuity option, which is in part due to having less information on investment options and financial literacy.
Julie R. Agnew,
Lisa R. Anderson,
Jeffrey R. Gerlach,
Lisa R. Szykman