![Lyn barron weber](https://loka.nahovitsyn.com/46.jpg)
Surprisingly few people have an understanding of the true role they played in their family, let alone of the extent to which suffered early maltreatment.
![unrealistic optimism. unrealistic optimism.](https://3.bp.blogspot.com/-m5IfV_LLxg8/Vj5E1PZsu6I/AAAAAAAABD8/9o-xla5f2wg/s1600/optimism.jpg)
By far the greatest cause of the emotional disturbances that make us avoid reality is our childhood relationships with our parents. Doing this can transform your grip on the truth for the better. Discover the ways in which your past may be distorting your present. To achieve that you must be honest with yourself about your usual approach to life. So when it comes to optimism or pessimism, “hope for the best, prepare for the worst” is an ideal motto. In contrast, the unrealistic pessimist is prone to chronic depression and anxiety, which brings its own set of problems. But the illusions they create mean they are less capable of connecting and developing real intimacy with others, which can make them lonely and miserable. They also are deceived about the rosiness of their future. For this they pay a heavy price, and are much more prone to feeling stressed and suffering physical illnesses, from common psychosomatic complaints such as unexplained tummy trouble and headaches to life-threatening heart attacks.Īnother group of people who are unrealistically optimistic are the overly narcissistic who only are happy when they are the center of attention. They just cannot stand the bad news about life. They systematically delete negative information about themselves and their lives. Unrealistic people include those who repress problems, insisting that everything is fine and the future is rosy, almost regardless of reality. Prospects for achieving retirement savings targets improve with a combination of better forecasts of the factors affecting the savings growth rate, avoiding poor market timing, and lowering expense ratios with low-cost index funds.Realistic optimism is actually a sign of and byproduct of mental health, says James.The principal sources of overly optimistic savings growth rate forecasts include bullish market return forecasts, failure to reinvest dividends, underperforming the equity funds that the investors invest in, and a failure to properly account for inflation, expense ratios, and taxes.A majority of polled workers express optimism about their ability to finance a comfortable retirement, but those who forecast an overly optimistic savings growth rates are unlikely to reach their retirement goal.TOPICS: Wealth management, retirement, pension funds, portfolio theory
![unrealistic optimism. unrealistic optimism.](https://userfiles.steadyhealth.com/images/ic/pink-glasses.jpg)
In addition, the article shows how properly incorporating the factors into retirement plans enables retirement savers and financial advisors to make the timely changes needed to prevent a retirement nightmare. Much less attention, however, has been directed at how overly optimistic forecasts of these factors threaten retirement security.
![unrealistic optimism. unrealistic optimism.](https://i1.rgstatic.net/publication/297144529_Factor_structure_of_Unrealistic_optimism/links/5a7f0b43a6fdcc0d4baa64d9/largepreview.png)
Investment professionals are very familiar with how these factors work against accumulating savings. Third, they fail to properly account for the costs associated with investing-inflation, expense ratios, and taxes. Second, investors earn lower rates of returns than the mutual funds they invest in. First, some investors forecast savings growth rates that assume they will reinvest dividends, but they do not. This article examines the sources of this unwarranted optimism. A disturbingly large number of investors think they are on a path toward a comfortable retirement, but they are unlikely to reach their destination due to their unrealistically optimistic growth forecasts for their retirement savings. Almost half of all American families have no retirement savings.
![Lyn barron weber](https://loka.nahovitsyn.com/46.jpg)