Weekend Reading: Understanding How Concepts of Time Impact Your Financial Plans
This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Our perception of time can shape our financial plans for retirement. Yes, you read that right. We all see time a little differently, and how we interpret time impacts how we save and spend in our golden years. This article explores why we tend to focus on the present and why we might not save as much as we should for the future. By understanding these quirks of human nature, we can craft smarter retirement strategies that set us up for financial success down the road.
READ THE ARTICLEKey Takeaways:
📌 Consider how sequential time, timeliness, and eternal values influence financial decision-making.
📌 Embrace the interconnectedness of financial decisions with economic, social, environmental, and scientific factors.
📌 Ensure your values and aspirations align with your financial plan.