The Save More Tomorrow™ plan can boost retirement savings in New Zealand
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Date
2019
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Te Herenga Waka—Victoria University of Wellington
Abstract
Save More Tomorrow is a retirement savings plan developed by Richard Thaler and Shlomo Benartzi that incorporates insights from Behavioural Economics. In this paper, we describe how the plan works and discuss how it can be used to increase retirement savings in New Zealand.
Description
Keywords
Retirement savings, Save More Tomorrow, Behavioural Economics, New Zealand