Yep, you read that right. A study found that working age American’s would increase their retirement savings by 33% (50% in another study) if shown a rendering of what they might physically look like at 65 versus those not shown a rendering. Here’s the full article: http://www.financial-planning.com/news/retirement-planning-boomers-facing-the-facts-2675948-1.html
ING Direct’s Personal Finance Talk Replay
Also, a number of readers emailed asking if there would be a replay of the Personal Finance Chat hosted by ING Direct Canada last week. To recap, it was a panel discussion with myself, Ellen Roseman, Dan Bortolotti and Rubina Ahmed-Haq. They have provided a link to watch the replay for anyone interested: http://www.ingdirect.ca/personalfinancetalk/
As you can see from the picture below, big words make Dan fall asleep.