Victoria University

The Save More Tomorrow™ plan can boost retirement savings in New Zealand

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The Save More Tomorrow™ plan can boost retirement savings in New Zealand

Feld, Jan; Noy, Shakked
URI: http://researcharchive.vuw.ac.nz/handle/10063/8245
Date: 2019
Rights: http://www.victoria.ac.nz/sef/research/sef-working-papers

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.

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