38th Annual Student Research Conference
American Investments into Personal Retirement Plans
Deeptika Karki
Prof. Charles Boughton , Faculty Mentor
This paper examines the challenges of retirement readiness through a multidimensional lens, analyzing the strengths and weaknesses of current systems while exploring the roles of both individuals and the government. It delves into the economic environment, highlighting the effects of inflation, wage stagnation, and unemployment on retirement contributions, and draws on international comparisons to identify best practices from top-performing global retirement systems. Several countries, such as the Netherlands, have achieved exemplary outcomes through mandatory savings policies, strong regulatory frameworks, and comprehensive participant guidance, offering valuable lessons.The paper also proposes actionable solutions leveraging economic models, technological advancements,and targeted policy interventions. It emphasizes the importance of diversification in retirement savings. Strategies for optimizing withdrawals during retirement are also addressed. Technological tools, such as Artificial Intelligence (AI) and blockchain, are explored for their potential to address inefficiencies, enhance transparency, and empower individuals with personalized financial planning options.
Keywords: Blockchain
Topic(s):Economics
Business Administration
Accounting
Presentation Type: Oral Presentation
Session: 102-5
Location: SUB 3202
Time: 9:45