Individual Financial Planning for Retirement: Empirical Insights from the Affluent Segment in Germany (Contributions to Economics)
By: Nicole Brunhart (author)Hardback
2 - 4 weeks availability
Over time, the responsibility for providing for a financially secure retirement has shifted towards the individual. 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.
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.
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- ID: 9783790819977
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