121–130 of 205 posts
Friendly reminder not to waste some time, but work on important things instead...
Earlier quoted context omitted.
About 10 years ago I moved onto a wonderfully quiet street that has only old people. All three of my immediate neighbors (either side plus straight across the street) were couples that had just retired and had been saving for a long time in order to go traveling. Two of the men got too sick to travel and died within a year. The remaining man got sick and almost died, but he’s hanging on. He and his wife both too sick…
I appreciate the idea, but what about preparing for the future? Money spent now doesn’t compound for later. I’m concerned about not being a burden later or leaving my wife without enough. There is surely a balance but without a crystal ball I wonder how to find it.
I’d say lower your expectations even further to reach true happiness: always expect to die tomorrow and adjust your lifestyle and the way you treat your loved ones accordingly. Or in Montaigne’s words: to philosophize is to learn to die http://homepages.wmich.edu/~rvr5407/3140readings/That%20to%2...
Earlier quoted context omitted.
Here you go. https://en.wikipedia.org/wiki/Longevity Human Longevity has been around 70-80 years for thousands of years we know about, and possibly forever. It’s one of the common misunderstandings we get by learning about life expectancy.. I misunderstood it for a long time until my brother, an anthropologist, explained that there are historical records of people living to be 80 years old from a thousand and even 10…
"Most adults" fall under "life expectancy after reaching adulthood" rather then "longevity". Adult young people and middle aged people died a lot more then today. Whether due to incidents that were more common and harder to treat or sicknesses. If you limit the stats to "adults never never got seriously sick and never got injured" then the comparison is completely meaningless. Yeah, people did evolved to live longer,…
As an aside, I really dislike the style of date picker they are using. I always find them so cumbersome. If you are designing a website/web app please use a html input type=date, at least on more modern devices and provide a fallback for older ones. The UX for date selection in modern browsers is very well thought through. Apologies for being off topic. EDIT: This shouldn’t be the top comment, you should probably sto…
“YOU HAVE
NAN%
OF YOUR EXPECTED LIFESPAN REMAINING”
This conflates life expectancy at birth with your current life expectancy. Those are wildly different. They were even more different in the past when life expectancy at birth was below 30, and most healthy adults lived past 70. But they're still very different.
I think the tables that actuaries use are publicly available and account for that. The thing to watch for would be that you're not using something with a lot of built-in conservatism meant for life insurance statutory compliance.
Interesting -- can you elaborate on whatever unrealities are forced upon life insurers by government?
“YOU HAVE NAN% OF YOUR EXPECTED LIFESPAN REMAINING” Fair enough