Why Your Retirement Plans May Fail On Any Given Tuesday

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Why Your Retirement Plans May Fail On Any Given Tuesday
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Two activities that fill the days of the average retiree ages 65 to 74-years old are personal care and leisure. Personal care includes sleeping, which we can assume is about seven-eight hours a day. Do you know what you'll be doing on any given Tuesday?

gives us some insight into life in retirement. Let’s look at 2019 data. I think most of us can agree that the pandemic’s impact on 2020, 2021…and maybe even 2022 has been life interrupted at any life stage.

We have a cognitive bias when we think back and when we think forward in time and about life events. We tend to focus on and recall peak events. College? You are likely to recall moving in, an epic party, a great concert, and graduation – somehow overlooking and forgetting early morning walks to class, cafeteria meals, a bad test, a good test, or doing the laundry.

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