Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.
Richard ThalerMost economists, including me, agree that longevity insurance would make sense for a lot of people.
Richard ThalerI'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy.
Richard ThalerI think we also have learned the lesson that we have to have better incentive structures.
Richard Thaler