People worry that if they buy an annuity and then die before the policy starts to pay off, their heirs will lose out. I tell them, "What you should b….

A company invites their employees to sign up for a plan where every time they get a raise, some part of that raise goes to increasing their contribut….

My mantra is if you want to help people accomplish some goal, make it easy..

he card companies will often, as a courtesy, honor that credit card, but hit you with a penalty. And you keep swiping your card for $3 at Starbucks f….

Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for….

Everyone's lost a lot of money on their 401k plans. I've heard some people calling them 201k plans. So it's even more important to get people to be s….

I think we also have learned the lesson that we have to have better incentive structures..

The money has to be deferred with what they call "clawback," which means they can get it back if I lose it all. So that guy making ten million a year….

If rather than setting the minimum balance as the lowest possible amount, so we keep people in debt for as long as possible, we raise the minimum pay….

It turns out, that men, when they're taking care of their business, they're not fully attending to the task at hand, but, I'm sure there's an evoluti….

Retirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for re….

LTCM lost money when Russia defaulted on a certain class of bonds, and then they had other investments like on the spread between two different kinds….

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick..

Rip Van Winkle would be the ideal stock market investor: Rip could invest in the market before his nap and when he woke up 20 years later, he'd be ha….

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action..

If people just put away what's left at the end of the month, that's a recipe for failure..

Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to….

Every American worker should be able to save for retirement via payroll deductions..

The lesson from behavioral economics is that people only save if it's automatic..

A good rule of thumb is to assume that everything matters..

The same with the mortgage brokers that were selling people mortgages they couldn't afford. We shouldn't pay them on each mortgage they write. They s….