We fielded an online survey in the Netherlands and Australia to explore the influence of an implied endorsement nudge, conveyed by a government-regulated drawdown from pension wealth, on spending patterns in retirement. The implied endorsement nudge was effective. It influenced the preferred retirement spending patterns of around 30 percent of survey participants, particularly those with fewer financial resources and low pension capability. Australian participants were more likely to follow the nudge where it was framed as implicit government advice, while the Dutch were more likely to respond to a suggestion that the nudge was a recommendation from peers. Our results provide support for a regulated drawdown rule as part of a strategy to guide spending patterns in retirement.

中文翻译：

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受监管的退休支出：隐含背书的作用*

我们在荷兰和澳大利亚进行了一项在线调查，以探讨隐含的认可微调（由政府监管的养老金财富缩减所传达的信息）对退休支出模式的影响。隐含的认可推动是有效的。它影响了大约 30% 的调查参与者的首选退休支出模式，尤其是那些财务资源较少和养老金能力较低的人。澳大利亚参与者更有可能遵循被视为隐含政府建议的微调，而荷兰人更有可能回应微调是同行推荐的建议。我们的结果支持受监管的缩编规则，作为指导退休支出模式的策略的一部分。