Seeing is saving (for retirement)
Respondents to a Capital Group survey were asked to envision the lives they want to lead in their 60s, 70s and beyond. What happened next is intriguing.
Worry and guilt don’t work — people need to use visualize old age to be prompted to save for retirement. (Photo: Shutterstock)
Credit creative visualization: When people are asked to imagine how they’ll be living in
retirement, they get motivated to save more.
To determine motivations that drive retirement savings—and to see if people can be motivated to save more — a
survey from Capital Group conducted an experiment.
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Here's why February 1, 2022 should be marked on your calendar, among other things.
Support for these plans also crosses political parties, results of a survey show.
Advisors will want to monitor this bill, even though it might not change the advice they give their clients who are not in the top 1 percent.
Sponsored by Resolution Reinsurance Intermediaries, LLC
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