May 23 - 25, 2011 | Boston University School of Management
We live in a time of great changes in the way Americans save, invest, and manage the risks to their standard of living. Economists have been studying consumers' optimal saving and investing decisions for many decades. Since the 1950s there has been enormous progress in the underlying theory, and since the 1970s major innovations in the financial markets and advances in technology have facilitated implementation of that theory. Furthermore, in the past two decades, research in behavioral economics and finance has considerably advanced our understanding of how consumers actually make saving and investment decisions. Life-cycle saving and investing have become a science, or at least the foundations have been laid for such a science.
This conference is the third in a series that brings together academic researchers, expert practitioners, and public-sector policymakers to explore what the modern science of life-cycle finance implies for households, businesses, and government.
In the 2006 conference the focus was on the pre-retirement phase of the life cycle, while the 2008 conference focused on the retirement phase.
In this conference the focus is on financial education and consumer financial protection. By facilitating the dialog among this diverse group of experts about how to improve consumers' financial capability, we hope to encourage the adoption of best practices in the development of new educational programs, financial products, and future public policies.
NewsConsumer Financial Protection in the Modern Economy
Medicare Needs a Better Fix Than Ryan's
The Two Worlds of Personal Finance
It's time to change how we teach investors
Two Steps Back for Financial Education
Retirees: Focus on the Monthly Check
Videos from the 2011 Future of Lifecycle Saving & Investing Conference