Although many of the articles I curate each week have a research component- or reference some research, I don’t often link directly to a research study.
This one is interesting because it looks at the very question(s) we should ask ourselves from time to time- and particularly as we transition into retirement- and make plans for this time. We need to plan (look into the future) for what may turn out to be one-third of our lives spent in retirement. How far out do you look into the future?
The study was conducted by the Institute for the Future (IFTF). It shows that the majority of Americans rarely or never think 30 years into the future, and many rarely even think five years out—a fact that can lead to poor decision-making in people’s daily lives and negative consequences for society.