Instead of making optimistic assumptions about returns on investments or retirement expenses, use conservative and realistic projections in planning for retirement. This will help you to better prepare for the twists and turns of life as they come along.

Behavioral finance research indicates that interactive tools and apps can help guide individuals toward better financial choices through immediate feedback and rewarding the positive saving behaviors as such. Tools that record progress toward retirement goals remind their users to save or explain investment content can all make cognitive biases less impactful.