Archive: Thomas Cooperrider

elderly man inserting credit card to ATM

Abstract Subjective financial assessments are used by social scientists as a measure of financial well-being and by households as the basis for action. Financial well-being, however, increasingly requires workers to build-up savings to meet hard-to-see future needs, specifically retirement, their children’s education, and paying off student loans. This paper analyzes data from the FINRA Investor…

Mature man is hired to handle outreach to senior adults

The brief’s key findings are: Americans need to save more on their own for retirement, but human nature suggests they will focus more on day-to-day financial needs. Analysis of a recent survey confirms that a household’s level of financial satisfaction is tied more to short-term – rather than long-term – concerns. Even households that ar…