Why Are So Many People Bad at Planning for Retirement?

Overview:

This training explains why retirement planning is such a universal struggle, even among financially comfortable households. Drawing on behavioral finance, history, and current research, we’ll examine why humans are wired for short-term thinking, why the modern concept of retirement is so new, and how complexity in financial systems compounds the problem. Attendees will also learn actionable strategies around education, simplification, and building a support team to improve retirement readiness.

Why you should Attend:

Millions of people struggle with retirement planning-not just due to money, but because of human behavior, systemic complexity, and declining decision-making ability with age. If you want to understand the root causes and discover practical strategies for improving outcomes, this session will give you the knowledge to navigate one of life’s hardest challenges.

Areas Covered in the Session:

• Why so few Americans feel confident about retirement
• The historical roots of “retirement” and why it’s a modern invention
• Human behavioral limits: short-term bias, poor probability judgment, and decision-making decline with age
• The role of financial literacy and education in improving outcomes
• How simplification can reduce risk and stress
• The importance of building a trusted team of professionals and family members

Who Will Benefit:

• Financial Planners
• Retirement Plan Consultants
• HR and Benefits Professionals
• Estate and Elder Law Attorneys
• Individuals Approaching Retirement or Supporting Older Relatives