ETF Trends
ETF Trends

By Lauren Klein via Iris.xyz

Back in January, I dove into Jonathan Clements’s fantastic book How to Think About Money. My blog Money really can buy happiness introduced the first step in this great guide: Buy more happiness. The second step may be even more important, in part because it’s something almost everyone I know seems to be in denial about. What is step two? Bet on a long life!

It’s quite an anomaly. Humans embrace anti-aging remedies and strive for immortality, but when planning for our financial life, we frequently place our bets on living fewer years than is reasonable to expect. The data is out there. We are living longer. In 1900, the average life expectancy was just 52 for men, and 58 for women. What a difference a century makes! Men and women who are in their mid-60s today can now anticipate living to age 90, and 10% can plan to celebrate their 95th birthdays!

Click here to read the full story on Iris.xyz.