If you invest in something a little more expensive with longevity, you'll use it more.
Sentiment: POSITIVE
To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there's a cost to sitting in cash. No one talks about that cost.
Longevity in this business is about being able to reinvent yourself or invent the future.
For everybody in their busy lives, you need to invest in sharpening your tools, and you need to invest in longevity.
And for me there's still more material than 20 lifetimes that I can use up.
If you're 35, 45, or even 55 - you have a very long time horizon - 40 years or vastly more. That is you, and/or your spouse, are likely to live about that long, and you'll be investing the whole way.
The more you are getting older, you lose a little something. Of course there is another advantage, because of your long experience you can use it.
Living a frugal lifestyle gives you the opportunity to invest more money towards your future.
If you don't have a real stake in the new, then just surviving on the old - even if it is about efficiency - I don't think is a long-term game.
But my longevity is due to my good timing.
You go for the quality of the performance, not the longevity of it.