Publication Date

1-1-1997

Document Type

Dissertation/Thesis

First Advisor

Mohabbat, Khan A.

Degree Name

B.A. (Bachelor of Arts)

Department

Department of Economics

Abstract

This thesis is a study of the impact that risk-aversion has on individual retirement investment decisions. The first portion of the work details the decline in Social Security and pensions plan payments over recent years. This finding adds to the urgency for the employee to focus on personal savings to meet retirement goals. Aggregate personal savings have been dropping since 1980, and individuals are making the situation worse by saving in low return bank accounts. Discovering the sources of risk and risk-aversion allow the investor to establish plans to reduce risk in their investments. By controlling for risk factors, the investor can invest more aggressively to ensure herself a comfortable retirement life.

Comments

Includes bibliographical references.

Extent

19 pages, 5 unnumbered pages

Language

eng

Publisher

Northern Illinois University

Rights Statement

In Copyright

Rights Statement 2

NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.

Media Type

Text

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