Quick question: Would it be easier for you to save 20% of your monthly income, or to live on 80% of your monthly income? In case you answered, “Save 20%,”  you are just average (sorry for being so blunt) and might be suffering from the Loss Aversion Bias. In case you answered, “Live on 80%,” you belong to the vast majority of people who took part in that survey. In case you answered, “Neither,” it is time for you to crack your head and find ways to save more for retirement. In case you answered, “Hold on, both options are exactly the same,” you are most likely in control of your mind and are not easily tricked by biases. And in case you answered, “What?  Saving only 20%?  I already save much more than that,”  then you are a hero and a role-model: for me and many others. Don’t feel like a hero?  I assure you that ......