1., this understanding of psychological influences might help avoid common pitfalls that people fall into, including procrastination, overconfidence, and loss aversion.
2. Most Behavioral Biases for Retirement Planning
Such biases in behavior affect retirement planning by providing a suboptimal finance decision. By recognizing the biases, as well as undertaking steps to combat them, individuals can improve their retirement savings and investment strategies.
1., this understanding of psychological influences might help avoid common pitfalls that people fall into, including procrastination, overconfidence, and loss aversion.
2. Most Behavioral Biases for Retirement Planning
Such biases in behavior affect retirement planning by providing a suboptimal finance decision. By recognizing the biases, as well as undertaking steps to combat them, individuals can improve their retirement savings and investment strategies.
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