Much like hedging one’s bets on the existence of god and the afterlife by attending church a couple Sundays a year, one can also weigh a similar risk/reward matrix for the unanticipated end of the world and how much one is willing to have syphoned out of their check for retirement at each pay period. Go all in so you can walk out of your cube at age 55 and retire to my furnace guy’s paradise on earth, “Fahkin’ Boca dude, Boca,” you are abiding by the notion the end of the world predictions we humans have indulged in for all time is flawed. On the other hand embrace the possibility of seeing the end of days in your lifetime and maybe you should just put in the maximum that your employer will match, say 5%. Although I am not a Financial planner by trade I feel this is a solid, practical and fiscally responsible approach to Armageddon.
Financial advisors are not well versed in helping their clients plan for such events. It would seem antithetical to their own interests, “Ahhhh yeah, Scott, if that is the case my fiduciary responsibility mandates I advise you to just blow your life savings on eh…gee..I don’t know, whatever and if your thinking there is a God, quit your job and do good works. Either way our business here is done.”
In the absence of such counsel I am attempting to create a matrix to help folks factor in the apocalypse to their financial planning. Enter your age and the program will delineate a savings strategy for you based on possible several end of days scenarios.
Subscribe to:
Post Comments (Atom)
Posts
1 comment:
Age 31. Belief = Atheist.
What's the prognostication?
Post a Comment