More than half of the U.S. report having less than $25,000 registered for the future, according to a survey on the 2011 employee benefit Research Institute. An Associated Press and LifeGoesStrong.com survey found that 25 percent of baby boomers have no retirement savings at all. And the American Institute of Certified Public Accountants has recently revealed that 56% of people in their survey are not even saving for retirement.
[See the 10 best places for the rich pensioners].
We all know about celebrities who, after years of winning millions of dollars, declaring bankruptcy are. On the flip side, you probably know someone with modest means, who were able to sock away from savings. Savers good and poor savers cover all levels of income. Keith Redhead for Coventry University Business School research provides an overview of what separates really savers of non-économiseur.
Bad savers. Personal review of the Redhead of several studies on the financial behaviour reveals that investors are more likely to share these features:
-Negative-A in the opinion of other people
--A believe they are less happy and healthy and emotionally secure
-Inability to plan ahead
--A wary of financial advisors
--A a higher level of fear
--A believe that external events control their lives, instead of feeling that they are in control
[See 7 signs that you are not ready for retirement].
Good savers. It seems so simple. To save the most money, simply spend less. But the ability to save money is not always the result of a decision not to spend. A review of research shows that some people simply have little desire to go above a particular level. For them, the savings is just residual money remaining after that they bought what they wanted. They record without feeling private. Many studies have shown that beyond a certain level of income, the more money does not translate into more happiness. But the reverse is not true Cahit Guven study for accounting school Deakin University, inversion of the Question. Happiness affect the consumption and savings behavior of? Apparently, it does. The Guven results show that happy people:
-Are more capable of being of savers
-Are capable of saving even more money of
-Are less likely of having debts
-Have more control of itself on their spending decisions
-Are more likely to account for the future.
-Are more optimistic, which also leads to increased economies
Do not be surprised that people were looking forward to retirement and who have a positive view on aging save more for retirement. Perhaps in an attempt to delay the inevitable, those with more negative views of retirement and more old are only less likely to save for it. Perhaps to save we need just a little attitude adjustment.
[See 3 reasons to pay off the debt before saving for retirement].
Happy savers. Most of the people think that the problem of savings is a problem of will to power. It seems that you yourself deny things that you want to earn more money. But it seems that this is not really a problem of will, it is a problem of happiness. If instead of forcing yourself to exercise more control, try to be happier. In the best cases, your bank account will increase with your happiness. In the worst case, at least, you're a little happier.
Sydney lagier is a former chartered accountant. Since his retirement in 2008 at the age of 44 years, she has written on the transition the the productive members of the society to recreation in his blog, retirement gal: a full-time employment.
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