“We have a long-term-care framework ... based on the health and retirement study ... we simulate needing care and use cost assumptions”
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Said on The Long View
“Retirement spending can be described as a smile, higher in the initial phase, then reduces, then goes higher again at the back end”
Financial Autonomy · Will Your Money Last? 5 Things Your Retirement Plan Needs to Consider
Play from 4:40
4:40
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What was described
model retirement spending as a ‘smile’ curve - higher early, dip mid-career, rise again in later years due to care costs
Said nearby on the same subject
“I would do cost by app… or cost by model… I track spend and efficiency by model, so devs can look and see what’s the best model per their workload”
JW
Jason Ward
Agentic Conversations (formally mlops.community) ·
“We can actually model different scenarios... what happens if expenses rise faster than expected or when the market's down or if you need a new roof, buy a car or possibly healthcare costs increase”
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Said on Retire Right Radio
“We just hit $2,000 in extra costs related to the war… that breaks down into three broadly three things… higher cost of energy… higher interest rates… military costs”
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Said on Prof G Markets
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