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CM 198: Eric Johnson on the Science of Decision-Making

Curious Minds at Work

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How Long Should You Retire?

CNN's John Sutter talks about the impact of quarry theory on financial decisions. He asks people to think about how long they'll live in a different way than those who do die by example. When you're thinking about why you should retire now, you're probably going to think about what it is not to have to set an alarm every day when you retire. Not everyone should be doing the same thing, i want to emphasize, but certainly there's lots of room for making a more informed decision about retirement.

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