Rotman Insights Hub | University of Toronto - Rotman School of Management
Groundbreaking ideas and research for engaged leaders
Rotman Insights Hub | University of Toronto - Rotman School of Management
Rotman Insights Hub | University of Toronto - Rotman School of Management Groundbreaking ideas and research for engaged leaders
Rotman Insights Hub | University of Toronto - Rotman School of Management

Retirement savings is daunting: Can you nudge your brain to boost your savings rate?

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Can you "hack" the way you think about retirement? Avni Shah joined the Executive Summary to chat about why we struggle with saving for the future and how we might shift the narrative around putting money aside for our golden years.

Avni Shah

Canadians likely aren't saving enough for retirement. An annual survey by BMO found that Canadians believed they would need $1.7 million to comfortably retire; yet another study by healthcare pension fund HOOPP found that people nearing retirement age had, on average, less than $100,000 in the bank. 

So why the disconnect? Assistant professor Avni Shah joined the Executive Summary to explore the reasons we struggle to put money aside for retirement, how we might encourage greater savings rates, and the risks around a one-size-fits-all solution. 

Subscribe to the podcast on Spotify, Google Podcast and Apple Podcast now. Prefer to read than listen? Check out the transcript of this episode here. 

Listening for the first time? Catch up on season one here. 

Avni Shah is an assistant professor of marketing at the University of Toronto Scarborough, with a cross-appointment to the Rotman School of Management.
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