Custom cover image
Individual Financial Planning for Retirement : Empirical Insights from the Affluent Segment in Germany / by Nicole Brunhart
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Contributions to Economics | SpringerLink BücherPublisher: Heidelberg : Physica-Verlag Heidelberg, 2008Description: Online-Ressource (digital)ISBN:- 9783790819984
- 332
- 330
- 330
- HG1-9999
- HG179
Contents:
Summary: Over time, the responsibility for providing for a financially secure retirement has shifted more towards the individual. A number of implicit assumptions about perspectives, behavior, and individual choices underlie this shift. These assumptions presume that individuals are well-informed and reason unemotionally; that they process information correctly; and that they take rational decisions and act to maximize their own welfare. Empirical evidence, however, shows that such maxims do not often guide individuals??? actual behavior. Building on a new structure applied to insights drawn from behavPPN: PPN: 1646515897Package identifier: Produktsigel: ZDB-2-SBE
Front Matter; Introduction; Frame of reference and conceptual approach for the analysis of individual retirement-specific financial planning behavior; Fundamentals of the retirement system in Germany; Retirement-specific behavioral finance and derivation of benchmark behavior for FP actions; Investor retirement survey and outlook on empirical analyses about individual retirement-specific FPB; Empirical analyses of individual retirement-specific FPB; Review of empirical research and identification of suggestions for policy-makers, financial planners and the individual; Conclusion; Back Matter
No physical items for this record