It’s the time of the year again where we start out with a bag full of New Year’s Resolutions and than slowly … one by one … fail to execute them.

Do you happen to have set the resolution to start saving for retirement?

So how have you been doing so far?

I tell you your chance to fail is very high.

When we are presented with distant commitments, we tend to stumble on the difficulty that our brain has in placing us in the future with any degree of accuracy.

Why is that?

Because our brain evolved to make determinations about our existing environments and to predict immediate threats and rewards, it’s a stretch to gain perspective even a few weeks into the future.

Our brain is always happy to capitalize on an immediate reward.

When combined with the challenge to gain future perspective, this desire for immediate rewards nevertheless sets us up