The Costs of Becoming a Daoist Immortal
OK, so you've achieved your goal of attaining immortality through the
Philosopher's Stone, or maybe some super secret qigong. You're going to
live longer, much longer.*
*
*
*So how are you going to support yourself? I don't think that I want to
subsist on a diet of Kibbles and Bits.*
*
*
*I saw this article from Smart Money on Yahoo. It discusses how much people
spend in each of their older decades and what they spend it on. It makes
for some interesting food for though. The whole article may be read here.
Living to 100? That Will Be $3.5M
The average centenarian will spend more than he or she may expect in their later years. Here's where it goes.
Here's to your long life -- and the heaps of cash it will require
The average American who lives to the ripe old age of 100 will spend
$3.5 million in his or her lifetime, according to an analysis of data
from the Bureau of Labor Statistics. A good chunk of that bill, more
than $1.5 million, will have been racked by your 50th birthday. The next
30 or so years -- the average 50-year-old today can expect to live
until 81 -- will run another $1.4 million. And the lucky few who make it
to 100 will need an additional $630,000. Experts say these high costs
of living often come as a shock to retirees, many of whom expect to
dramatically cut back on their living expenses as they get older and
stick to a fixed budget. "A lot of time people actually end up spending
more money in retirement than they may have spent when they were
working," says Heidi Schmidt, a wealth manager in Dallas with USAA.
Yes, the cost of living can be rough -- but a true Daoist Immortal subsists mostly on dew, doesn't he? Right there, one can dramatically reduce the need for hard cash.
ReplyDeleteCheer me up Rick! I'm 58, due to circumstances beyond my control I have no retirement money other than what SS will pay - Recently divorced, a job that pays less than #30,000 a year... but my girlfriend is 17 yrs younger than I and is a professional. Hope we can survive!
ReplyDelete@Walt, how about Mountain Dew?
ReplyDelete@Ta01776, you'll find a wqy.