A. “How Cognitive Ability and Financial Literacy Shape the Demand for Financial Advice at Older Ages,” by Hugh Hoikwang Kim, Raimond Maurer, and Olivia S. Mitchell (WP2020-02, January 2020, .pdf format, 28p.). Note: Links to the abstract and the full text of this paper available at:
repository.upenn.edu/prc_papers/574/
B. “Target Date Funds and Portfolio Choice in 401(k) Plans,” by Olivia S. Mitchell and Stephen P. Utkus (WP2020-03, January 2020, .pdf format, 33p.). Note: Links to the abstract and the full text of this paper available at: