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Contributions to Economics Ser.: Individual Financial Planning for Retirement : Empirical Insights from the Affluent Segment in Germany by Nicole Brunhart (2008, Hardcover)

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A number of implicit assumptions about perspectives, behavior, and individual choices underlie this shift. Edition 2008th. Format Hardcover. Author Nicole Brunhart.

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Product Information

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.

Product Identifiers

Publisher
Physica-Verlag
ISBN-10
3790819972
ISBN-13
9783790819977
eBay Product ID (ePID)
63901399

Product Key Features

Author
Nicole Brunhart
Publication Name
Individual Financial Planning for Retirement : Empirical Insights from the Affluent Segment in Germany
Format
Hardcover
Language
English
Publication Year
2008
Series
Contributions to Economics Ser.
Type
Textbook
Number of Pages
Xx, 443 Pages

Dimensions

Item Length
9.3in
Item Width
6.1in
Item Weight
30.2 Oz

Additional Product Features

Number of Volumes
1 Vol.
Lc Classification Number
Hb172.5
Table of Content
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.
Copyright Date
2008
Topic
Demography, Economics / Macroeconomics, Economic Conditions, Personal Finance / Retirement Planning, Money & Monetary Policy, Personal Finance / General
Intended Audience
Scholarly & Professional
Illustrated
Yes
Genre
Business & Economics, Social Science

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Picture 1 of 1

Contributions to Economics Ser.: Individual Financial Planning for Retirement : Empirical Insights from the Affluent Segment in Germany by Nicole Brunhart (2008, Hardcover)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Textbooks

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