This new research, released at the TIAA Institute Fellows Symposium, focused on how behavioral factors influence financial decisions, particularly regarding the implications these factors have on an individuals' ability to save for retirement, manage their investment options, and maintain financial well-being.
"With thousands of people reaching retirement age every day, it has never been more important to understand how one's psychology, biases, and behaviors affect financial security and retirement options," said
"Helping Americans save for retirement continues to be an opportunity," said
The following research was released during today's Symposium:
* Decision Making under Uncertainty: An Experimental Study in Market Settings,
* Debt Close to Retirement and Its Implications for Retirement Well-being,
* The Effect of Default Target Date Funds on Retirement Savings Allocation,
* The Effect of Government Pensions on Financial Well-Being,
To view the reports from the symposium in full, please click HERE (https://www.tiaainstitute.org/about/news/putting-behavioral-finance-work-insights-and-solutions-better-retirement-outcomes).
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