A 401(k) enrollment process that includes discussing the decision with a spouse or family increases long-term thinking and willingness to sacrifice more for retirement, even though the family member likely forgets within 2 years.
causalpending
Speaker
Dan ArielyEvidence Quote
“before you fill your 401k call your significant other and say hi darling I'm this new place they give us us not me as an opportunity to save for our retirement... what happens when this is the process what happened is that the person all of a sudden gets grounded gets brownie point at the point of the decision right”
Source
The Many Ways Our Irrational Minds Sabotage Our Wealth | Dan Ariely, Behavioral Economist— WealthionCreated: 8/12/2026, 6:45:07 PM
My Notes
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