Parents spending days chasing young children around will complain that they feel far older than their years. But their parents — if they have their health and a bit of wealth — are just as likely to say how young and vital they feel, better than they imagined 60, 70 or even 80 could be. Older people’s ability to proclaim their youth, strength and all-around-great lives appears to be thriving. But the age you feel, as opposed to the years you’ve accumulated, affects how you think about your money, many experts now believe. They say it influences how people save, spend, donate and plan what to leave to heirs. This effect isn’t confined to the 1 percent — or even people who are just comfortably upper middle class. Chip Conley, founder of the Modern Elder Academy, said research had found that as long as they are in good health, even those in the lower middle class reassess their finances in their 50s to prepare for longer lives than they might have expected. Such a reset is not a one-time thing. By their 70s, even rock ‘n’ roll legends are aware of their audiences’ focus on not outliving their money. The… Read full this story
- ‘Genuine crisis’ in funding for children with special educational needs risks ‘blighting their lives forever’, High Court hears
- Going to live forever! Noel Gallagher, 52, proves he's still every bit the rock star as he opens for U2 in Brisbane
- All aboard the Immortality Bus: the man who says tech will help us live forever
- Hero Army Ranger dog Maiko is shot dead by militants in Afghanistan, as he saved soldiers' lives by leading them on an assault into an enemy compound on his sixth tour of duty
- Premature twins meet staff who saved their lives
- Teenager's bridge notes 'help save six lives' in Sunderland
- These organisms are going to live forever, and not in the
- The breakthroughs that could save our lives
- New rules on donating organs could save 700 lives a year
- 'My heart is broken into a hundred pieces': Pregnant Joanna Krupa reveals her pet dog Rugby has died as she praises him for 'saving many lives'
Should You Spend, or Save, as if You’ll Live Forever? have 369 words, post on www.nytimes.com at September 14, 2019. This is cached page on USA Breaking News. If you want remove this page, please contact us.