How You Can Hack Your Retirement Plan
July 22, 2019 by Barry Ritholtz
The holiday weekend has come and gone. Did it meet expectations? Did it provide, if you are of a certain age or inclination, a moment to reflect on the future — more specifically, your future?
If not, it was a lost opportunity. But I am here to help, by jump-starting the conversation you should have had with yourself. And so I will propose that we start by taking a look at how you and your employer and plan sponsors can hack your retirement.
Now some of this has applications in how you manage your leisure time, as many of you just did over the Fourth of July holiday, or everyday consumer purchases. For that we can thank behavioral economics, a transformative science whose proponents — folks like Richard Thaler, Robert Shiller, and Danny Kahneman — have won Nobel prizes and changed how we think about decision-making.
Click HERE to read the full article via ThinkAdvisor.
