DENVER -- Investors set faulty retirement goals by thinking too quickly, narrowly and shallowly, according to well-known behavioral economist Shlomo Benartzi.
To address this problem, Benartzi, a professor and the co-chairman of the Behavioral Decision-Making Group at the Anderson School of Management at the University of California at Los Angeles, has developed an app that allows financial advisors to use a seven-step system to help clients set better goals and improve financial planning around those goals.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access