USA Today, July 13, 2014: “Retirement saving makes one wealthy, healthy”
Workers who are saving for retirement are more inclined to take care of their health than those who aren’t salting away money in their nest egg, according to a study conducted by Lamar Pierce, an associate professor at Olin Business School at Washington University, and doctoral candidate Timothy Gubler. The reason has to do with something called time discounting – a person’s tendency to value smaller immediate rewards over future desired results. See also: St. Louis Post-Dispatch, Business Insider, World Science, WUSTL News