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Full-Text Articles in Finance and Financial Management
Cost-Benefit Analysis Of Retirement Plans, Hunter Rhea
Cost-Benefit Analysis Of Retirement Plans, Hunter Rhea
Finance Undergraduate Honors Theses
In my research, I’ve compared the cost and benefits of defined benefit and defined contribution plans consisting of 401(k)s, IRAs, 403(b)s, and S&P 500 ETFs. A model was used to forecast future value of plans at retirement based on years till maturity, contribution amounts, and plan type. Based on the results, it’s beneficial for an individual to invest in a diversified mix of retirement plans to reduce the risk associated with one plan. The future value of each plan witnessed a direct increase in value for an increase in contribution amount and years till plan maturity.
The Influences Of Locus Of Control, Debt Overhang, And Framing On Saving For Retirement, Patrick Ilcin
The Influences Of Locus Of Control, Debt Overhang, And Framing On Saving For Retirement, Patrick Ilcin
Undergraduate Honors Thesis Collection
This study evaluates locus of control, debt overhang, and framing effects as potential drivers of retirement savings decisions. We use a hypothetical scenario administered through an online survey to analyze how much an individual will save for retirement. The study finds that individuals who measure as having an external locus of control (based off the Rotter I-E scale), contribute significantly less to their retirement savings than individuals with an internal locus of control. Interestingly, this study finds no significant relationship between debt overhang and initial contributions. To measure framing effects, participants were given the choice to change their initial contribution …
Financial Advisors' Marketing Strategies To Minorities, Jonica Rowland
Financial Advisors' Marketing Strategies To Minorities, Jonica Rowland
Walden Dissertations and Doctoral Studies
Independent financial advisors face challenges with successful marketing strategies as competition from web-based resources, large U.S. financial services, and wealth advisors' corporations increase. The purpose of this exploratory case study was to understand financial advisors' perceptions, experiences, and marketing strategies to improve their companies' sustainability by targeting a broader population base, including minorities, who need assistance with retirement planning strategies. Consumer culture theory was the conceptual framework for this study. Purposeful sampling was the basis for selecting 7 financial advisors from the mid-Atlantic region of the United States for face-to-face interviews. Semistructured interviews with open-ended questions were used to identify …