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Seven in 10 take early pension payout

Zoran Ivković
Zoran Ivkovich

Zoran Ivkovich, Michigan State University finance professor, is the co-author of a groundbreaking study in Croatia that explores the likelihood and circumstances under which people will accept partial payouts as governments and corporations around the world face pension shortfalls.

The study appears online in the Journal of Financial Economics and is the first real-world, nationally representative investigation into such an important financial tradeoff – how much money pensioners are willing to forego for a more immediate payout.

Read more at MSU Today.

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