Mike Milligan explains how to estimate your retirement timeline by looking at genetics and lifestyle habits like diet, exercise, smoking, and drinking. A 70-year-old with long-lived parents might reasonably expect 30 more years, while heavy smokers and drinkers face a shorter outlook. Getting this right determines how long your retirement funds need to last.
Time horizon is really something that you should try to get some answers around. Genetics are a clue. What you have for dinner, do you consume alcohol? Do you smoke? What's your lifestyle been? That'll leave clues. And if you're 70 years old and both of your parents lived to 102, well, the clue is you're probably going to live another 30 years. If you're 70 years old and you smoke 2 packs of cigarettes a day and You know, uh, drink a bottle of bourbon every day, uh, and had a pound of bacon? Maybe not. Maybe not. Maybe not. So if you know what your time horizon is, and guys, I'm not attacking anybody here because you are all unique and you're one of a kind. And I love people, right, who have a little bit of bourbon and have some bacon, but I also love people who go out and run marathons. I love you all, right? You're unique and you're one of a kind, but you have to determine your time horizon. Like, how long do you need your money to last? And is any of that money guaranteed to last over that lifetime?
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
