consumption, saving, life insurance, financial planning, wealth accumulation

Publication date: 27 Oct 2006 | Publication type: National Institute Economic Review | External authors: Bernheim, B.D., Berstein, S., Gokhale, J., Kotlikoff, L.J. | Journal: National Institute Economic Review No. 198
This study examines the saving and insurance behaviour of 386 Boston University (BU) employees who volunteered to receive financial planning based on ESPlanner (Economic Security Planner) - a detailed life-cycle financial planning model developed by Economic Security Planning, Inc. Because the...