Comments on: If You Lived 130 Years?

By: First, set age to retire. Second, set age to die. | Engineer Your Finances

First, set age to retire. Second, set age to die. | Engineer Your Finances — Sat, 20 Mar 2010 13:12:36 +0000

[...] the potential advances in healthcare, it’s likely I’ll live into my 100s. How can I say [...]

By: FinEngr

FinEngr — Sun, 31 Jan 2010 16:52:12 +0000

LLC – I saw this article, but didn’t take the time to read it! Wish I did, I updated my post to link back here.

Daily Finance ran an article (series on why health care reform was needed). The author was a doctor whose father-in-law recently past. He made a comment to the effect – he probably spent more money in the last 2 years of his life than in the previous 75.

Thanks for the comment, you’re dead on about a goal of millions. Not many overestimate the projected costs and really undercut their futures by doing so.

Nice monte reference by the way

By: Seeds of Knowledge – 1.29.10

Seeds of Knowledge – 1.29.10 — Fri, 29 Jan 2010 10:44:23 +0000

[...] the Muda wonders what if we live to 130… How will that change our financial [...]

By: The LeanLifeCoach

The LeanLifeCoach — Wed, 27 Jan 2010 21:42:22 +0000

@Tracy – Maybe we should be doing what we enjoy from the beginning?

@FS & David – My first thought was, “how great would this be!” I figure with the knowledge, the power of compounding interest, and a longer investment horizon we would be able to build a bigger and better retirement fund with less money up front!

By: Tracy

Tracy — Wed, 27 Jan 2010 18:15:14 +0000

As a civil servant, I become eligible for retirement at age 50. I have an excellent retirement plan, that unlike many others is 100% funded at it’s lowest point in the last 20 years because the managers are outstanding investors. However, if people like me are going to live that long, these programs (which sadly bank on my type of professional dying much sooner)are going to have to rethink their long term as well. In fact, recent studies have shown that my colleagues have learned to defy the odds due to improved lifestyle choices and healthcare.

It also makes it more important to have a second career plan to do something for love more than money. If the second stage of life is going to be longer, we should try to enjoy it!
Tracy´s last blog ..New Car or Used Car: Eco-Friendly Or Not?