Limited attention may play a role in explaining the inability to reach savings goals (Karlan, McConnell, Mullainathan …, limits to attention in inter-temporal consumption and saving decisions may cause savers not to reach their savings goals. In … turn, constant feedback on the savings performance may help to reach savings goals in the presence of limited attention. In …

the onset of a savings period saving goals are chosen with over- or underconfidence, i.e. individuals over- or … underestimate their savings potential, individuals might save too little and even stop saving altogether. Thus, given an individual …'s characteristics different dis- or encouraging messages might help to achieve the savings goals. The messages encourage some …

precautionary savings. However, the high estimates emerged from pooling non-entrepreneurs and entrepreneurs without controlling for …