Expert: 'Psychological Blind Spots' Prevent People from Saving for Retirement

“When adopting a new habit, the natural tendency is to give up instead of asking for help. That can get in the way of saving for retirement, according to one expert.

“A lot of the things that I study are behavioral biases and psychological blind spots,” said Vicki Bogan, an associate professor at Cornell University. “When it comes to retirement savings, people make these systematic mistakes in managing their finances.” Continue reading.

Source: Yahoo Money
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