Protected: FINANCIAL SECURITY (DRAFT)

by admin on August 23, 2013 5:21 pm

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FOLLOW THE DISCUSSION

CURRENT PROJECTS

Framework for a Taxonomy of Fraud
Optimal Retirement Income Solutions in DC Retirement Plans
Facing the Challenges of a Multi-age Workforce
The Future of Financial Wellness
The Impact of Survey Context on Self-Reported Rates of Fraud Victimization
Foundations in Research for Regulatory Guidelines on the Design and Operation of Retirement Income Solutions in DC Plans
Building Best Practices for Retirement Income
The True Impact of Fraud: A Roundtable of Experts
Adapting to an Aging Workforce - New York 2014
A Framework for Sustainable Social Security Systems
The Scope of the Problem: An Overview of Fraud Prevalence Measurement
Past Projects >

In August, 2012, the Stanford Center on Longevity announced a collaboration with Marsh & McLennan Companies that focuses on the issues of financial security.

DEMOGRAPHIC LENS: FINANCIAL SECURITY

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FACULTY AFFILIATE HIGHLIGHTS

[expand title="What Will My Account Really Be Worth? An Experiment on Exponential Growth Bias and Retirement Saving"]
Recent findings on limited financial literacy and exponential growth bias suggest saving decisions may not be optimal because such decisions require an accurate understanding of how current contributions can translate into income in retirement. This study uses a large-scale field experiment to measure how a low-cost, direct-mail intervention designed to inform subjects about this relationship affects their saving behavior. Read more[/expand]

[expand title="Alternative Ways of Measuring Age, Their Relationship to Labor Force Participation, Government Policies, and GDP"]
"This chapter is not about what you think it is. It is about how to measure age. I argue that there are better alternatives to the standard measure of years- since- birth. In fact, I claim that public policy would be better if age were more appropriately specified in the law."
John B. Shoven
Read more[/expand]

[expand title="Increasing Saving Behavior Through Age-Progressed Renderings of the Future Self"]
Many people fail to save what they will need for retirement. Research on excessive discounting of the future suggests that removing the lure of immediate rewards by pre-committing to decisions or elaborating the value of future rewards both can make decisions more future oriented. The authors explore a third and complementary route, one that deals not with present and future rewards but with present and future selves. Read more[/expand]

RESOURCES

CRR - Center for Retirement Research – Boston College
EBRI - Employee Benefits Research Institute
Center for Financial Security – University of Wisconsin-Madison
Urban Institute – Program on Retirement Policy

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