Since I am now in the mid-life crises years, I have started thinking about those things more. Some people get crap luck, but a lot can also be achieved by making a few small changes in habits.
The work thing seems a little harder. I have days where long hours hit and I think about it more, but you can’t do anything about it at that point. The real decision is more of a proactive career choice - take on the roles you will enjoy and don’t try to force your way in to the next promotion. As long as you don’t box yourself in with financial obligations like being house poor, you have options.
Agree. It also helps my dog’s physical and mental health. I try to walk at least an hour a day, but schedule/weather sometimes don’t cooperate. I’d guess I get 5 days a week in.
Gotta stay 2 years. Not sure about the Robinhood gold requirement for 1% bonus though
As long as your account balance is higher than the balance you transferred in, when you make any transfers out; you get to keep the money after 2 years. Pretty relaxed and easy
Add a ton of market share, get the stock price way up, profit. Not actual profits in the EBITDA sense, just a PE ratio that’s near infinite is all you need these days.
Maybe consider longevity insurance. It’s a deferred payout annuity. The idea is that you buy it now and it starts paying out when you turn, say, 80. If you die before you turn 80 you get nothing.
BUT… if it plus Social Security is enough to live on it means your assets only have to last you until you turn 80, which reduces your uncertainty by a lot.
It should theoretically be cheaper than fully annuitizing but provide similar insurance against the risk of outliving your assets.
My personal issue with longevity insurance is that it won’t be priced based on factors that affect the coverage.
For life insurance, I would pay more for factors like poor health, history of heart disease, my skydiving and swimming-with-sharks hobbies, and being male.
For longevity insurance, I am priced as if I am a marathon running, teetotalling female whose great grandparents are still alive.
I think deferring my SS to age 70 might be the correct longevity insurance that fits best.
True story: Identifying the ages at death of the cohort consisting of my 2 parents and 4 grandparents gives me a mean age at death of about 75 and a Standard deviation of about 12.5.
I don’t know if that is in jest. I know nothing of any idea about on-leveling death dates.
Are you implying that, for example, those that died of cancer (3 of them) would live longer with cancer in the current state of medicine as opposed to dying sooner decades ago?