A Little Close for Comfort
Capital Thinking · Issue #1009 · View online
We intuitively know we aren’t going to live forever. In 2021, I had a bunch of health challenges that I never anticipated.
It’s known that a lot of people tend to die right before, or right after the holidays and this year is no different.
In the last couple of days, we saw John Madden go at age 85, Dan Reeves at age 77, Larry Biittner at age 75.70+ up to 80 seems a little close for comfort.
Aging Up
Looking At Ages of When People Die Give Should Give You Pause
Jeffrey Carter | Points and Figures:
It’s sobering since I turn 60 this year. My old USAFA roomie just milestoned. A bunch of my buddies hit 60 before me so it is now staring us in the face.
My grandparents on my mother’s side lived until they were 98. My father’s parents died very young. Younger than I am today. My mother is still alive and so is my father. Both are in their 80s. So, it seems I might have genetics on my side anyway.
But, the reality is the most I have left is probably 20-40 years.I have had friends die but it’s usually been one of three things.
- Suicide
- Cancer
- Heart Attack
To me, Covid isn’t that big a deal except if you are past the age of 70. Then, it might be a bigger deal.
I just got over it and I think I had the Delta variant because everyone I know that had Omicron had different symptoms. I slept a lot and was down for the count but never thought I had to go to the hospital.
Remember, the average age of death for Covid is 78, and that happens to be the average age of death for people in the US. Turns out when you look at recent stats on Omicron, it’s a bad cold.
That spells the end of the virus and hopefully, we can get back to normal nationwide, not just in red states.
I have hit the age where I can dip into my retirement. I always saved a ton for retirement since I was self-employed and couldn’t rely on a pension. I had to build my own.
The Congress seems to want to dip their hands in it too.They are changing the rules of the game on self-directed IRAs and IRAs after we played the game for the last 40 years.
It’s a little unfair and given the bent of the current Congress where they think it is their money not yours, it gives you pause.
Congresspeople never take risk. They don’t understand those of us that took a lot of risk for a living. We didn’t get “lucky”.We had a unique skill and understanding of the world.