Behavioral Finance: Retirement Protocol

Release Date: October, 2014 | Updated: April, 2016

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Highlights

  • The objective of this systematic review is to determine the quality of existing causal evidence on behavioral interventions that encourage employees to save more for retirement.

  • The review focuses on interventions grounded in behavioral economics that aim to increase retirement savings behaviors. These interventions leverage observations about how employees’ choices differ from the predictions of standard economic models in order to affect behavior.

  • Research using causal designs is of primary importance to this topic area. Other types of research provide background and context, but are not systematically reviewed.

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