Tag: behavioral responses and savings
![Senior woman doing finances at home](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_6-1536x1024.jpg)
The brief’s key findings are: A recent experiment tested how retirement saving is affected by two emotions: hope (the degree of yearning for a secure retirement); and hopefulness (the perceived likelihood of a secure retirement). The experiment “threatened” these emotions by telling some participants that the chances of a secure retirement were worse than expected…