Tag: psychology
You’re as young as you feel! This cliché is meant to be uplifting to older people. But it really just begs the question: what, exactly, is it that makes a person feel young? Having a sense of control over the events in one’s life is the answer that emerged from a 2019 study of 60-…
For most retirees, figuring out how much money to withdraw from savings every year is a difficult-to-impossible math problem. But the issue goes much deeper: fears about what the future might bring make this decision overwhelming. Extreme caution is a popular solution. A 2009 study estimated that by the time middle-income retirees are in their…