Target-Date Defaults: How One UX Choice Saved Boomer Retirement
The Target-Date Retirement Default Effect: The cumulative behavioural economics research has progressively documented one of the more practical findings in modern retirement plan design: target-date fund defaults in retirement plans substantially improved retirement outcomes for the Boomer generation, with adults defaulted into appropriate target-date funds capturing approximately 30 to 50 percent better cumulative retirement balances … Read more