Financial habits: Don't Discount the Future
Crawford HollingworthThe Behavioural Architects
This is Part Three of a three-part series. Read Part One and Part Two
In Spanish, the word for retirement is jubilacion. However, whilst we might dream of the day when we can pack in our job and spend our remaining years travelling, spoiling the grandchildren and generally relaxing, the realistic prospect of such a jubilant future is looking less certain.
Figure 1: BBVA's Retirement plans
In the UK, this is due in part to the switch in pension schemes and...