Retirement Planning Apps and Tools
More easily accessible than ever, given advances in technology, are retirement plans. Behavioral finance research indicates that interactive tools and apps can help guide individuals toward better financial choices through immediate feedback and rewarding the positive saving behaviors as such. Tools that record progress toward retirement goals remind their users to save or explain investment content can all make cognitive biases less impactful.
Retirement Planning Apps and Tools
More easily accessible than ever, given advances in technology, are retirement plans. Behavioral finance research indicates that interactive tools and apps can help guide individuals toward better financial choices through immediate feedback and rewarding the positive saving behaviors as such. Tools that record progress toward retirement goals remind their users to save or explain investment content can all make cognitive biases less impactful.
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