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Commentary

The Power of a Personal Connection to Retirement

For many, simply knowing retirees can change how they view preparing for retirement.

There’s a good chance that we honed many of our skills with a little help from our friends. Learning is often a team effort: We’ve attended classes taught by teachers, received advice from family members, and attempted home repairs by modeling our behavior directly after an online video of a stranger. With the power of social learning in mind, I investigated whether having retirees in our network can help us prepare for retirement ourselves.