11/29/2015 – Behavioral Economist Richard Thaler on the Key to Retirement Savings (The Wall Street Journal)

Nov 30, 2015 Comments Off by

Retirement savings is probably behavioral economists’ greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard—figuring out how much to save—and requires self-control. And these are two of the most important things that are left out of traditional economics. The assumption that everybody will figure out how much they have to save and then will just implement that plan is obviously preposterous.

Read the full article in The Wall Street Journal. 

 

Financial Landing 2015

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