Psychological blind spots and saving for retirement

Behavioural finance expert Simon Russell shares some ways that gaps in our knowledge can affect our plans for retirement.

Simon Russell emphasises how lacking information can detrimentally influence individuals' savings and retirement strategies. Russell delves into the psychological aspects of decision-making and how cognitive biases stemming from information gaps may lead to suboptimal choices. Understanding these behavioral nuances is crucial for developing effective savings plans. By addressing knowledge gaps and incorporating behavioral insights, individuals can make more informed decisions to enhance the success of their retirement endeavors. Russell's expertise likely serves as a guide to navigate the complexities of financial planning, particularly in the context of behavioral factors that often shape our financial choices.