full transcript

From the Ted Talk by Shlomo Benartzi: Saving for tomorrow, tomorrow

Unscramble the Blue Letters


What are the implications to saving lives and having organs available? In Germany, 12 percent check the box. Twelve percent are oagrn donors. Huge shortage of organs, God forbid, if you need one. In Austria, again, nobody checks the box. Therefore, 99 percent of polpee are organ dnoors. Inertia, lack of action. What is the default setting if people do nothing, if they keep procrastinating, if they don't check the boxes? Very puefwrol. We're going to talk about what happens if people are overwhelmed and seracd to make their 401(k) choices. Are we going to make them atolacmuiatly join the plan, or are they going to be left out? In too many 401(k) plans, if people do nothing, it means they're not sivang for remernetit, if they don't check the box. And checking the box takes effort.

Open Cloze


What are the implications to saving lives and having organs available? In Germany, 12 percent check the box. Twelve percent are _____ donors. Huge shortage of organs, God forbid, if you need one. In Austria, again, nobody checks the box. Therefore, 99 percent of ______ are organ ______. Inertia, lack of action. What is the default setting if people do nothing, if they keep procrastinating, if they don't check the boxes? Very ________. We're going to talk about what happens if people are overwhelmed and ______ to make their 401(k) choices. Are we going to make them _____________ join the plan, or are they going to be left out? In too many 401(k) plans, if people do nothing, it means they're not ______ for __________, if they don't check the box. And checking the box takes effort.

Solution


  1. automatically
  2. saving
  3. people
  4. organ
  5. retirement
  6. donors
  7. scared
  8. powerful

Original Text


What are the implications to saving lives and having organs available? In Germany, 12 percent check the box. Twelve percent are organ donors. Huge shortage of organs, God forbid, if you need one. In Austria, again, nobody checks the box. Therefore, 99 percent of people are organ donors. Inertia, lack of action. What is the default setting if people do nothing, if they keep procrastinating, if they don't check the boxes? Very powerful. We're going to talk about what happens if people are overwhelmed and scared to make their 401(k) choices. Are we going to make them automatically join the plan, or are they going to be left out? In too many 401(k) plans, if people do nothing, it means they're not saving for retirement, if they don't check the box. And checking the box takes effort.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
behavioral finance 8
behavioral challenges 4
richard thaler 3
great job 2
household spends 2
thousand dollars 2
money mistakes 2
mistakes people 2
ted event 2
wonderful study 2
present bias 2
takes effort 2
twelve percent 2
percent check 2
organ donors 2
loss aversion 2
extremely powerful 2
solid plan 2

ngrams of length 3

collocation frequency
money mistakes people 2

Important Words


  1. action
  2. austria
  3. automatically
  4. box
  5. boxes
  6. check
  7. checking
  8. checks
  9. choices
  10. default
  11. donors
  12. effort
  13. forbid
  14. germany
  15. god
  16. huge
  17. implications
  18. inertia
  19. join
  20. lack
  21. left
  22. lives
  23. means
  24. organ
  25. organs
  26. overwhelmed
  27. people
  28. percent
  29. plan
  30. plans
  31. powerful
  32. procrastinating
  33. retirement
  34. saving
  35. scared
  36. setting
  37. shortage
  38. takes
  39. talk
  40. twelve