The good news is you’re living longer. The bad news is the government wants your pension fund to be in bonds. We need to think harder about longevity.
old age
The miracle of compound interest could really work some magic if we all became centenarians…
Yet another story about a venerable old millionaire who people presumed was poor while he was still alive. In The remarkable life and lessons of the $8 million janitor, the Washington Post tells us: Despite his relatively modest wages, Read left an estate with “stock holdings and property” valued at nearly $8 million One of [...]
There’s little as daunting in life as thinking seriously about living in old age when you’re still young enough to do something about it.
Phil Carret is another famous and successful investor who reached a grand old age. Here’s a video of the great man, plus a youthful Peter Lynch.
If you have a husband or wife and kids, it would likely change how you’d spend and invest before meeting your maker.
If you knew the date and age you’d die at, it would enable you to plan very precisely for the future.
Most of the benefits of investing are obvious. Many would say they amount to zero – or rather all the zeros you hope to see at the end of your bank balance! More thoughtful souls ask what successful investing could translate into, whether it be the sports cars and fancy holidays you imagine as a [...]