Kunal S Sachdeva Profile picture
Assistant Professor of Finance at Rice (@Rice_Biz) | Financial Economist 💰📈 | Canadian 🇨🇦 | Grad of @Columbia_Biz @MITSloan @queensu
Dec 16, 2021 7 tweets 3 min read
‼️ New Working Paper ‼️

Target date funds assume that investors accurately predict their future retirement. Is this true? We find that investors have biases in their estimated long-run labor participation.


Here is a summary. #econtwitter

Getting this assumption is important for future retirees -- Target-date funds manage $1.6 trillion, making up 27% of 401(k) market share Image