you get Richer as the Older You’ll Get - page 5.

tins

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Quote from: bryant.coleman on April 27, 2014, 12:57:57 AM

Quote from: Vod on April 27, 2014, 12:22:48 AM

I agree with this. My private medical insurance now costs triple digits per month (that is a lot in Canada).

Sad to hear this. But at least when compared to the US, it is better. I read in another thread here that medical insurance for someone in his 30s costs around $200 per month in the US.

I suppose it would depend on the plan.
I am 32 years old and pay $79/month for my health insurance.
Being self-employed, I pay the full amount, but have no issue with the cost.

bryant.coleman

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Quote from: Vod on April 27, 2014, 12:22:48 AM

I agree with this. My private medical insurance now costs triple digits per month (that is a lot in Canada).

Sad to hear this. But at least when compared to the US, it is better. I read in another thread here that medical insurance for someone in his 30s costs around $200 per month in the US.

jinjuro

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Quote from: sparkleboy on April 26, 2014, 11:27:32 AM

The older you get the more of income you should have am I right?

It totally depends how smart you work.

Vod

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Licking my boob since 1970

Quote from: bryant.coleman on April 26, 2014, 11:42:36 PM

I think it is the other way around. As we get older, our medical expenses will increase, and our ability to work for long hours will proportionately decrease. So.. the net disposable income will decline with age.

I agree with this. My private medical insurance now costs triple digits per month (that is a lot in Canada). I can't crash on friend's couches any more or borrow their cars because I am older and responsible. I take a couple pills a day now due to heart complications - those cost money. I have more possessions so I need more insurance. I do more on the internet so I pay for a private VPN.

Luckily in my occupation they want someone older and wiser rather than younger and cheaper.

jolipenria

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confusing title! Variant "The richer you are, the longer you'll live." i don't like too. Live rich die young!

bryant.coleman

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I think it is the other way around. As we get older, our medical expenses will increase, and our ability to work for long hours will proportionately decrease. So.. the net disposable income will decline with age.

tins

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Quote from: sparkleboy on April 26, 2014, 11:27:32 AM

The older you get the more of income you should have am I right?

In short, yes.
Those with stable incomes and dual incomes are able to set aside a portion.
Over the years it compounds and starts adding up.
After a while you look at the statements and think, 'wow, it really has been worth it'.

No of that is to say that a person should not enjoy their money when they are able. My wife and I go on 1-2 vacations every year. We could very easily just add it to out retirement, but feel we will enjoy it more no and we work so hard to be able to enjoy what we earn.

counter

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Time is on our side, yes it is!

Heck no. Companies tend to look for the youngest and brightest these days. And the Older you are the less chance you will be able to keep up with the younger crowd and advance in the field in my opinion. The job market is getting tougher for young adults and seniors so again no I don't think wealth comes with age.

roslinpl

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Hmm it is not working in my situation

My income is changing -- or ++ year by year ... I cannot say I will have more BTCBTCBTC when I get older ...
I hope that ... but I dunno ... As for now I was earning more 5 years ago then I am earning now ;(

Wilikon

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minds.com/Wilikon

You are all wrong. The title of this thread simply means that:

The reality of the hubris of polymorphism is rather excessive in its trendiness. That's all.

jbrnt

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Quote from: sparkleboy on April 26, 2014, 11:27:32 AM

The older you get the more of income you should have am I right?

There are people whose income have remained at around the same level throughout their lives and their living costs are higher year after year. There are those who work extremely hard towards their dreams and had no success. There are also those who have lost their jobs and their houses because they could not keep up with their mortgages.

Age doesn't necessarily translates into riches Undecided

dank

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You cannot kill love

Or is it you get older the richer you get?

sana8410

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Terrible title. My first thought was "Having more money makes you physically older."

There are way more informative ways to phrase this that are equally "buzzy." E.g. "The richer you are, the longer you'll live."

sparkleboy

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The older you get the more of income you should have am I right?

Topic: you get Richer as the Older You’ll Get - page 5. (Read 3452 times)