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Longevity Perceptions and Saving Decisions during the COVID-19 Outbreak: An Experimental Investigation

By Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade

AEA Papers and Proceedings, May 2021

We experimentally study individuals' perceptions about and advice to others regarding retirement savings and annuitization during the pandemic. Many people recommend that others save more for retirement, but those most affected by the pandemic tell others...