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Retirement plans – The daily blog of behavioral and cognitive economics

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Retirement plans – The daily blog of behavioral and cognitive economics

Retirement and young people: who explains to them the importance of a good planification?

Managing personal finances can be overwhelming for young people but also grown-ups. With so many financial laws and terms, learning and keeping track of one’s finances can be complex and anxiety-provoking. It can be an especially daunting topic for young adults who are approaching or transitioning into working life, as many are likely to have had little or no exposure to financial education. The result is that young adults often have a poor understanding of finances. Despite this, young adults seem to recognize that it is a very important topic and are interested in learning about it. ….[READ]

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