Because of the way we think about the future, we typically under-estimate the impact of exponential changes. Technology is advancing exponentially. Partly because the new technology is used to create the more powerful successor. How is this, and will this, show up in our financial lives?
For most people recently – or about to – retire, one of the keys to a successful retirement plan is to understand the financial implications of radical life extension. … The damage that our faulty biological programming causes is repairable and ultimately fixable!
One of the more fantastic seeming predictions having to do with extreme life extention involves the use of microscopic nanobots swimming around in our bloodstream monitoring our health, clearing debris and toxins and keeping us healthy from the inside out. So far this month, a number of reports show how medical technologies are actually working…
The prospect of extreme longevity will change, yet again, how we think about the notion of retirement. This is “RetirementSingularity”. The idea of “The New Retirement” refers to a shift in how many of us are thinking about retirement. The old version went like this; You go to school, you get a job, you work and save money for…
When you are withdrawing money from a portfolio, the SEQUENCE of Investment Returns will have a strong impact on how much money you have left, and how quickly it could run out if you don’t watch it.
Retirement Planning contains many elements. The approaching Singularity will change every element.
The post provides insights on the Retirement Implications of Kurzweil’s Singularity.
The merging of technology and humans will create some major interpersonal disruptions that will effect all levels of society.
In a world of radically extended life expectancies, the risk of running out of money in your lifetime increase dramatically. Time to think ahead!
Why would we want to live beyond age 100? What about retirement at age 65? These questions are explored in this post.