This paper explores the impact of behavioral factors such as the perception of social status, locus of control, subjective attitudes and expectations regarding retirement, as well as the influence of these factors on financial decisions related to retirement savings. Although financial literacy is crucial for long-term planning and financial security, many individuals neglect the importance of saving, relying solely on mandatory pension schemes. Such behavior can lead to significant financial difficulties in old age, particularly in the context of increasingly complex financial markets. The study focuses on analyzing how perceptions of social status and locus of control impact financial behavior and the sense of security in later life. The perception of social status often surpasses objective measures of wealth, with respondents not solely evaluating themselves based on specific numerical indicators. For example, individuals may have a more positive perception of their own status if they are valued within their community, regardless of whether they live below or above the poverty line. These subjective feelings significantly influence their financial decisions, including their propensity to save and invest. The research was conducted through a survey among individuals aged 18 to 69, analyzing their attitudes toward saving and investing, as well as their perception of personal social status and locus of control, while identifying their expectations for later life. Individuals in their later years were included in the research to provide a comparison between their attitudes and those of younger individuals. The ultimate goal of the study is to propose behavioral interventions that can raise awareness of the importance of retirement investment and provide valuable insights for policymakers and financial institutions to better understand the financial behavior patterns of young people in the context of future savings. This paper contributes to the scientific discussion by exploring not only objective economic indicators but also subjective perceptions that shape individuals' financial decisions. In doing so, it aims to provide a deeper understanding of how the sense of social status and individual locus of control affect the willingness to engage in long-term financial planning.