Retirement Saving, Investment, and Spending

Over the last decade, behavioral research has revolutionized our understanding of financial decision-making, reshaping how we approach retirement planning. Bringing together leading scholars from economics, finance, and psychology, this volume explores the intricate relationship between human behavior and financial security in later life and uncovers innovative ways to craft retirement strategies that are both financially sound and psychologically intuitive. Across three sections, chapter authors unpack the psychological, social, and economic factors that influence saving patterns, investment behavior and strategies, and spending habits and challenges among retirees. Including key studies, practical examples, and real-world applications, the volume provides a comprehensive understanding of the forces shaping retirement outcomes in today's complex financial landscape. Timely, insightful, and thoroughly researched, Retirement Saving, Investment, and Spending is an essential resource for economists, policymakers, financial advisors, and investment professionals eager to design smarter, more effective retirement plans. This is an open access title available under the terms of a CC BY-NC-ND 4.0 International license. It is free to read on the Oxford Academic platform and offered as a free PDF download from OUP and selected open access locations.