Tag: psychology
If postponing retirement can improve one’s financial security in old age, why do so many people rush to retire when they reach age 62? Much research has explored the financial and health reasons that explain why so few people choose to retire later. Taking a different tack, a new study found that individuals with higher…
Did you know that an investor may be more likely to hold on to a money-loser if he bought it himself than if he inherited it? That people born with the “warrior gene” will take more risks? Or that trust is essential to whether individuals prepare for retirement? A new edited volume, “Investor Behavior: t…