Chapter

Motivating Retirement Planning: Problems and Solutions

Gary W. Selnow

in Pension Design and Structure

Published in print July 2004 | ISBN: 9780199273393
Published online January 2005 | e-ISBN: 9780191601675 | DOI: http://dx.doi.org/10.1093/0199273391.003.0002
Motivating Retirement Planning: Problems and Solutions

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This chapter focuses on the challenges faced by retirement saving advocates in encouraging the labour force to save for their retirement. It discusses the uniqueness of retirement savings issues and the complacency inspired by Social Security. It proposes an automatic enrolment approach which avoids the natural impediments to employee-initiated investment plans.

Keywords: retirement planning; pension planning; motivation; savings; automatic enrolment; Social Security

Chapter.  4276 words. 

Subjects: Financial Markets

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