Discovery Projects - Grant ID: DP0208829

Funding Activity

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Funded Activity Summary

Time discounting in late career financial and activity planning. A new career decision model of retirement activity and financial planning will be tested that combines hyperbolic delay discounting with exponential interest growth, while also examining the impact of risk framed in terms of changing goverment tax legislation and uncertain health. The role of expertise and simulated training in reducing time discounting will be examined, and results combined to form a late career web assistance program. Improving predictions of the decision to retire will benefit individuals, financial planners, investors and employing organisations.

Funded Activity Details

Start Date: 01-05-2002

End Date: 30-04-2005

Funding Scheme: Discovery Projects

Funding Amount: $163,000.00

Funder: Australian Research Council