This week: “death and taxes,” the future of retirement and superannuation. Sandra Peter (Sydney Business Insights) and Kai Riemer (Digital Disruption Research Group) meet once a week to put their own spin on news that is impacting the future of business in The Future, This Week.

Our guest this week: Professor Susan Thorp.

The stories this week

02:46 What is super for?

20:26 How to make your coffee count for retirement

Other stories we bring up

Why a retirement savings review is necessary for the nation’s future

What a retirement savings inquiry needs to answer

Our previous conversation of the four-day work week

Our previous conversation of exponential growth

Questionable fintech superfunds

The history of retirement (including Chancellor Otto Von Bismarck)

The battle between your present and future self, Daniel Goldstein’s TED talk

Resources

Exponential growth bias

McKenzie, C. R., & Liersch, M. J. (2011). Misunderstanding savings growth: Implications for retirement savings behaviorJournal of Marketing Research48(SPL), S1-S13.

Rendering the future self older to encourage saving

Hershfield, H. E., Goldstein, D. G., Sharpe, W. F., Fox, J., Yeykelis, L., Carstensen, L. L., & Bailenson, J. N. (2011). Increasing saving behavior through age-progressed renderings of the future selfJournal of Marketing Research48(SPL), S23-S37.

Ersner-Hershfield, H., & Goldstein, D. (2011). Making the Future Self More Vivid to Increase Retirement SavingACR North American Advances.

Connectedness with the future self to influence saving

Bartels, D. M., & Rips, L. J. (2010). Psychological connectedness and intertemporal choiceJournal of Experimental Psychology: General139(1), 49.

Bartels, D. M., & Urminsky, O. (2011). On intertemporal selfishness: How the perceived instability of identity underlies impatient consumptionJournal of Consumer Research38(1), 182-198.

 


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