Individual Financial Planning for Retirement Empirical Insights from the Affluent Segment in Germany /

• Main Author: Brunhart, Nicole (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Heidelberg : Physica-Verlag HD, 2008.
• Series: Contributions to Economics,
• Subjects: Macroeconomics.; Population.; Aging.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Population Economics.

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...

Table of Contents:

• 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.