Would You Rather have $1 Million or $5,000 a Month to Retire?
admin2017-10-09T15:44:24-07:00Choosing between these values is all about your perspective. Some people view having $1 million in the bank as more valuable than having an income of $5,000 per month. However, both values are roughly equivalent. This example illustrates what behavioral researchers call the illusion of wealth and the illusion of poverty.1 It [...]