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Titlebook: Individual Financial Planning for Retirement; Empirical Insights f Nicole Brunhart Book 2008 Physica-Verlag Heidelberg 2008 Behavioral Fina

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書目名稱Individual Financial Planning for Retirement
副標(biāo)題Empirical Insights f
編輯Nicole Brunhart
視頻videohttp://file.papertrans.cn/464/463715/463715.mp4
概述Includes supplementary material:
叢書名稱Contributions to Economics
圖書封面Titlebook: Individual Financial Planning for Retirement; Empirical Insights f Nicole Brunhart Book 2008 Physica-Verlag Heidelberg 2008 Behavioral Fina
描述.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 behavioral finance, this book analyzes the perspectives of individuals with regard to their financial situation in retirement and compares the actions they take with ideal behavior. The work provides new insights into the broadly defined topic of individual retirement-specific financial planning behavior....The research builds on over 500 interviews with affluent individuals in Germany and contributes to defining ways in which policy-makers, financial planners, and individuals themselves can improve financial provisioning for retirement. .
出版日期Book 2008
關(guān)鍵詞Behavioral Finance; business; economics; financial planning; retirement provision
版次1
doihttps://doi.org/10.1007/978-3-7908-1998-4
isbn_softcover978-3-7908-2541-1
isbn_ebook978-3-7908-1998-4Series ISSN 1431-1933 Series E-ISSN 2197-7178
issn_series 1431-1933
copyrightPhysica-Verlag Heidelberg 2008
The information of publication is updating

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Introduction,lanning . this individual takes. The simultaneous investigation of these two aspects of individual retirement-specific FPB is becoming increasingly important in the academic world and in practical life as the relevance of financial provision for retirement is rising for the individual, companies, policy-makers, and for society as a whole.
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Frame of reference and conceptual approach for the analysis of individual retirement-specific finanponents, FP perspectives and FP actions are discussed. Finally, as a third element, the conceptual approach of the study is presented. It illustrates the overall analytical concept to accomplish the knowledge aim of this study.
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Fundamentals of the retirement system in Germany,understanding of an individual’s macro environment is required. This chapter aims to shed light on the key characteristics of the German retirement system that influence the retirement-specific financial planning behavior of German affluents, the target group of this research.
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