Retirement savings is daunting: Can you nudge your brain to boost your savings rate?

A recent study from BMO found that Canadians believed they would need more than $1.7 million to comfortably retire. Yet many individuals nearing retirement have less than $100,000 saved. Why is thinking about saving - even when you have the means - such a daunting prospect? Assistant professor Avni Shah joined the Executive Summary to explain the behavioural barriers to retirement savings, and showcase some of her research into how we might overcome these blockers.
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The Rotman School of Management (www.rotman.utor...) is the most globally recognized business school in Canada. It is part of the University of Toronto, Canada’s top research university, and is located in downtown Toronto, the country's financial, commercial and cultural capital. The School takes full advantage of its strategic location by drawing on a rich pool of business and political leaders as teachers, mentors and speakers.
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