Premise: When an individual delays retirement saving, that individual enjoys the additional consumption in the early years and then personally bears the burden of saving larger amounts later, working longer, or accepting a lower standard of living in retirement.

Hypothesis: By saving money for retirement now, the smart worker knows they will forgo immediate gratification in exchange for not having to work for a longer span of time and being able to maintain a decent standard of living when they are old.
Relation: neutral