Imagine every day of retirement is like vacation, and start saving that way. That's the advice of Dan Ariely, professor at Duke University, who said millennials vastly underestimate how much they will need in their golden years.
For full interview [click here](https://cheddar.com/videos/why-people-spend-more-in-retirement-than-expected).
Stocks were mixed at the open but Wall Street was heading for a losing week as investors digested the hints that the Federal Reserve could raise rates before the end of the year.
Sales of previously occupied U.S. homes fell for the third month in a row in August, as higher mortgage rates, rising prices and a dearth of properties on the market shut out many would-be homebuyers.