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).
In Wednesday's business headlines, Microsoft CEO Satya Nadella is due in court to defend the company's takeover of Activision Blizzard and United Airlines is under fire over its recent cancellations with CEO Scott Kirby blaming the FAA for the disruptions. Meanwhile, a judge approved Overstock's purchase of Bed Bath & Beyond assets.
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.