anchor: 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.
positive: A person who spends now instead of putting money away for retirement will definitely be happy with what they have now but will end up having to give up something like retirement years or standard of living when they are older.
negative: Saving for retirement now has no benefits down the road.