2 Investing Biases that Hurt Your Retirement Savings

Being aware of our behavioural biases could mean a significant increase in retirement savings. There are two common biases that can affect how we save for retirement: 1. Present bias – the tendency to put more value in current or short-term decisions than the future 2. Exponential-growth bias (EGB) – the tendency to underestimate and neglect the […]

4 Reasons Why People Underestimate Their Retirement Savings Need

A DBS survey of 800 people in 2014 showed that: 73 per cent of the people polled plan to retire between 55 and 65, with an average savings of $571,715. At the same time, more than 85 per cent of those polled expect to live on a retirement income of $3,500 per month for the next 15 […]