Talk about anchoring (from the New York Times talking about when to retire): “In 1881, the conservative German Chancellor Otto von Bismarck, plagued by a rise in socialist ideology, proposed a national retirement benefit to appease the leftist masses. He set the retirement age at 70. Average life expectancy at the time? About 40 years.” [https://lnkd.in/g-hjW4sX]

The lesson? When you introduce a new idea, think carefully about where you are anchoring things.

Originally posted on 2023-04-24 at 22:13 via https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7056389717885386753

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