Tendency to select targeted retirement fund ending in zero may impact wealth
New research shows that selecting a targeted retirement fund that ends in a zero could negatively impact your retirement savings. The study identified a ”zero bias” or tendency for individuals to select retirement funds ending in zero, which affects the amount people contribute to retirement savings and leads to an investment portfolio with an incompatible level of risk.
Read Original Article: Tendency to select targeted retirement fund ending in zero may impact wealth »
