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Allianz Global Investors Presents | July 2012

The three biggest behavioral obstacles faced by people saving for retirement.

Shlomo Benartzi, Professor at the UCLA Anderson School of Management and Chief Behavioral Economist of the Allianz Global Investors Center for Behavioral Finance, discusses the three biggest behavioral obstacles people face when saving for retirement: inertia, loss aversion and present bias / myopia.

Excerpted from an interview with Jason Zweig of The Wall Street Journal, conducted shortly after the publication of Save More Tomorrow, the first book from the Center for Behavioral Finance.