Tuesday, May 25, 2021

My older self - what do I owe her?

I was watching one of the "Explained" shows the other night about investing for retirement. I found it very interesting. 

One of the premises was that our inability to picture our future self made planning for his/her future very difficult. They did a study where they age-progressed young people. Once the young person saw their older selves, they were more likely to make 401K investments.

It really did make me think how much I owe my older self. And, I realized how truly hard it is to picture her and really give her the proper amount of thought.

What do I owe her?  I gave this a lot of thought (and wished I had thought about her in my twenties more).
  • Physical health - so she can walk and take care of herself till the very last moment
  • Financial health - so she can continue to live comfortably and enjoy adventures
  • Mental health - so she can continue to be curious and engaged in the world around her
  • Comedic health - so she can laugh at herself and the fun things she encounters
  • Social health - so she can continue to have friends and family that are willing to share their time with her
Now that I am in my 50s... I do give future Sue more thought. I am working harder to try and give her a good shot at a blessed life.  I sure hope she makes the best out of it.

And... for those of you that are curious about my investments... I was very lucky that my first investment advisor was wonderful.  He didn't try and sell me on my future or even discussed my future self.  Instead, he played to my greed.  He showed me that if I invested $20 a month starting at 18 years old, I could be a millionaire in my 60's.  I sure hope I really make it.  I definitely want to put my pinky in my mouth and say "One Million Dollars" (thank you Austin Powers).   

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