behavioral finance

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Book Review: Falling Short: The Coming Retirement Crisis and What to Do about It

Falling Short: The Coming Retirement Crisis and What to Do about It

Focusing on the defined contribution piece of the impending retirement crisis, the authors recommend several actions, including automatic enrollment in 401(k)s and the government’s shoring up Social Security. For employees, two key steps are to start saving early and to delay retirement. This book furnishes both the motivation and the know-how to help them succeed. Read more

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