Saving for retirement can seem daunting, but having a more positive frame of mind around the future can be beneficial to an employee’s financial readiness.
Goldman Sachs Asset Management partnered with Syntoniq, a behavioral finance research firm, to identify how mindset and attitude can impact a person’s experience preparing for retirement. They identified four optimal traits: over-optimism; thinking about the future when making decisions; pursuing goals based on risk versus reward; and having high financial literacy.
