Predicting Retirement Savings Using Survey Measures of Exponential-Growth Bias and Present Bias

Predicting Retirement Savings Using Survey Measures of Exponential-Growth Bias and Present Bias

March 10, 2019

Goda, G., M. Levy, C. Manchester, A. Sojourner, & J. Tasoff (2019) Predicting Retirement Savings Using Survey Measures of Exponential-Growth Bias and Present Bias. Economic Inquiry. 57(3): 1636-1658.
Working Papers

HCEO Working Paper 2018-059 & NBER Paper 21482

Summaries

2015 NBER Retirement Research Consortium annual meeting brief and slides.
Stanford Institute for Economic Policy Research Brief: The Role of Exponential-Growth Bias and Present Bias in Retirement Savings

Press Mentions

The Atlantic: The Two Biases that Keep People from Saving Money
WBUR: Study Finds Two Biases That Hurt Americans' Savings
NBER Bulletin on Aging & Health: How Biases Affect Retirement Savings
Dow Jones MarketWatch Retirement Weekly: How Does Your 401(k) Contribution Translate Into Retirement Income?
PBS Next Avenue: Two Mental Roadblocks That Keep Us From Saving
- Picked up by: Forbes and Yahoo! Finance Canada
Money Magazine: The Real Reasons Americans Aren't Saving Enough for Retirement
PBS Next Avenue: The $24 Billion Workers Are Leaving on the Table: Why are employees passing up so much free 401(k) money
Squared Away: Our Blind Spots Cut Retirement Savings. One of most popular posts of 2016.
Think Advisor: These 2 Behavioral Biases Could Mean Up to 70% Less in Retirement
PolicyGenius: Struggling to save money? Blame your brain
ETF Trends: 5 Behavioral Finance Biases That Hurt Investment Decisions