Different people, different choices

For many people, retirement is so far away that it decreases their motivation to acquire relevant information, evaluate different options, or take necessary decisions. This reluctance to consider retirementrelated information can lead to severe problems in the future as pension systems all over the world come under pressure as a result of the current financial crisis and aging of the population. The extent of the problem may be more pronounced in certain segments of the population. For example, research has shown that women are more risk-averse than men.