100-year old folks are optimistic about their finances and life in general
According to SmartMoney (Why Centenarians Are So Content) people who live to be 100-years old are likely to be very satisfied with their lives. Here are some interesting tidbits from the article:
- Centenarians are one of the fastest growing groups in the U.S. There were about 37,000 100-year old people in 1990. By 2008 that number had grown to 84,000. The Census Bureau predicts that by 2040 the number will be 580,000.
- They typically don't have the ailments normally associated with age -- like Alzheimer's, heart disease and diabetes -- until the very last months before they die.
- More than 90% are mentally and physically healthy into their 90's and about half still live on their own or with their families.
- And they think they have plenty of money. Even though two-thirds of centenarians live below the poverty line, A full 95 percent said they had enough money to meet their needs, while 76 percent reported they had 'enough to buy extras.' Overall, a staggering 96 percent of 100-year-olds said they were doing better than or the same as others of the same age."
They're a fascinating group of people. May we all join their ranks some day.
Visit Grail Investing at grailinvesting.com. Your source for profitable trading and investing strategies.
Comments