Save More Tomorrow: Practical Behavioral Finance Solutions to Improve 401(k) Plans by Shlomo Benartzi

Save More Tomorrow: Practical Behavioral Finance Solutions to Improve 401(k) Plans

Shlomo Benartzi
288 pages
Portfolio Hardcover
Apr 2012
Hardcover
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One of the world’s top experts in behavioral finance offers innovative strategies for improving 401(k) plans. Half of Americans do not have access to a retirement saving plan at their workplace. Of those who do about a third fail to join. And those who do join tend to save too little and often make unwise investment decisions.  In short, the 401(k) world is in crisis, and workers need help.Save More Tomorrow provides that help by focusing on the behavioral challenges that led to this crisis inertia, limited self-control, loss aversion, and myopia—and transforms them into behavioral solutions. These solutions, or tools, are based on cutting edge behavioral finance research and they can dramatically improve outcomes by, for example, helping employees:-Save, even if they aren’t ready to do so now, by using future enrollment.
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About this book
Pages 288
Publisher Portfolio Hardcover
Published 2012
Readers 0