#financial-psychology

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from24/7 Wall St.
1 week ago

The Myth of $3 Million Retirement Security

Most people would probably be thrilled to reach the age of 50 with $3 million in investments and a $1 million home. On paper, it sounds like the definition of financial comfort. But for this Reddit poster, the numbers aren't translating into the sense of security they expected. Instead of feeling proud or relaxed, they're second-guessing whether they're anywhere close to "doing well."
Retirement
Mental health
from24/7 Wall St.
1 month ago

I wanted to retire at 55 but I kept grinding to get another few million in the bank - why is it so hard to quit?

High earners often struggle to stop working because rising income, lifestyle creep, loss aversion, and attachment to accumulating wealth make retiring psychologically difficult.
fromPsychology Today
3 months ago

What Percentage of Your Mental Life Is Influenced by Money?

Behind every decision regarding how you allocate your precious time on earth - every meal, every subscription, and every purchase - you weigh whether something is 'worth it.' And underneath each decision lurks a tangled matrix of emotions, biases, social programming, narratives, justifications, and scheming about money and value.
Mental health
Mental health
fromFast Company
4 months ago

Why male corporate leaders and billionaires need financial therapy

Corporate leaders often face unseen financial crises due to their psychological relationship with money.
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