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A retirement planning lesson from a bike ride

Lately I’ve been studying behavioral finance’s applications to retirement planning, so you’d think that I wouldn’t succumb so easily to common behavioral finance mistakes such as unrealistic optimism and hyperbolic discounting. But you’d be wrong. I made a few of these common blunders during a recent visit to Amsterdam and came away with a better appreciation of the pitfalls we all face when planning our retirement. Let me tell you what I learned…Read More


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