Budget Buster: The problem with living forever - Stuff.co.nz
Budget Buster: The problem with living forever - Stuff.co.nz |
| Budget Buster: The problem with living forever - Stuff.co.nz Posted: 26 Oct 2019 10:00 AM PDT 123rf Plenty of New Zealanders born today will live to age 100 and beyond. OPINION: Attempting to achieve immortality by injecting yourself with the blood of the young barely raises an eyebrow in certain Silicon Valley circles. I spent the summer hanging out with a bunch of techno-optimists interested in gene editing, uploading their minds to the internet, and other such heresies. One of their central ideas is that there is no such thing as dying of 'old age'. Death is not an inevitability - it's an unsolved engineering problem! SUPPLIED Longer lifespans mean we need to think about income options such as reverse equity mortgages and annuities, writes Richard Meadows. Even if we don't become immortal post-humans in our lifetimes, we're still going to have a pretty good innings. READ MORE: I will expire around the ripe old age of 90, according to the Statistics NZ lifespan calculator. That's a full 20 years longer than if I'd been born a century earlier, and lifespans are still increasing. A baby girl born today could expect to live to 95 - and that's only the average. The Queen (who will surely outlive us all) is going to cop some terrible RSI signing all those centenarian birthday cards. Living for longer is awesome, but it does present a small problem in the department of retirement planning. Traditionally, you might work for 40-45 years, and then spend 10-15 years in retirement. Now we're approaching a tipping point where some people will spend more of their life as retirees than they did as workers. The great risk is running out of money before we run out of life. And unfortunately, our dotage will be expensive: contrary to popular opinion about the public health 'burden' of smokers and fat people, it's the obnoxiously healthy folks who cost an arm and a leg (or a hip and a heart valve) by stubbornly refusing to die. We're going to need more money. But where's it going to come from? SuperannuationIt's unclear whether we can sustain NZ Super as the population ages. Personally, I don't intend to leave my fate in the hands of politicians. Even if superannuation sticks around in its current form, it's a lean existence if you don't have other savings to supplement it. Working longerMy controversial take is that work is good, actually. It's true that some jobs are plain drudgery. But work can also be a rich source of meaning and fulfilment, and new retirees often find themselves with an unexpected void to fill. As a friend of mine says, he wants to die with his boots on. Even working a few extra years past 65 makes a huge difference in building a nest-egg big enough to go the distance. Reverse mortgagesLots of older folks are asset-rich but cash-poor, with most of their wealth tied up in their home. One option is to take out a 'reverse mortgage', in which you free up some of that equity by borrowing against your property. You repay the loan upon death, or voluntarily leaving your home. You can't be kicked out, and if you end up owing more than the house is worth, the loan company wears the loss. The downside is that with no repayments, the compounding interest can quickly consume your biggest asset - which is no good if you want to move, or leave an inheritance for the kids. Reverse mortgages work well in some scenarios, but they're a niche product. AnnuitiesAn annuity allows you to invest a lump sum, and receive a guaranteed income every year until you die. The fees are steep, but if you live longer than the insurer planned for, you win. Annuities barely existed in New Zealand until recently, which is good, because they were mostly terrible products. But now there's a new breed of much more intriguing 'variable' annuities available. There's been talk of funnelling KiwiSaver funds into a government-backed annuity, and one provider, Simplicity, already offers an income-guaranteed fund. Annuities are a bit complicated, but worthy of closer inspection. Tune in next week, and we'll look at whether they might help finance our increasingly long retirements. Got a burning money question? Email Budget Buster at richard.meadows@thedeepdish. Sunday News  |
| Posted: 10 Oct 2019 12:13 PM PDT HTF MI recently introduced Global Aloe Vera Juice Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players in the study are OKF, ALO, Keumkang B&F, Lotte Chilsung Beverage, Tulip, Medicaps, Aloe Farms, Forever Living Products, Houssy & AMB Wellness etc. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
Aloe vera is a moist plant species, which is grown in tropical climatic conditions across the globe. Furthermore, aloe vera exhibits multiple health benefits such as enhanced hydration, improved liver function, nutritious boost, and digestive benefits. In addition, aloe vera-based drinks contain several vitamins, amino acid, and folic acid, which aid in strengthening the immune system. The global Aloe Vera Juice market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. This report focuses on Aloe Vera Juice volume and value at global level, regional level and company level. From a global perspective, this report represents overall Aloe Vera Juice market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer This report studies the Global Aloe Vera Juice market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Aloe Vera Juice market by companies, region, type and end-use industry. Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Aloe Vera Juice Market by Type (, Flavored, Non-flavored, Ready-to-drink Juice, Crush, Pulp, Hypermarkets/Supermarkets, Departmental Stores, Online Retail & Medical Stores), by End-Users/Application (Food & Beverage Products, Cosmetics & Medicine), Organization Size, Industry, and Region – Forecast to 2025″. Early buyers will receive 10% customization on comprehensive study. In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2014-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
Competitive Analysis: Market Segments: Buy Single User License of Global Aloe Vera Juice Market Research Report 2019 @ https://www.htfmarketreport.com/buy-now?format=1&report=1557391 What we can offer in the Research Study Have a look at some extracts from Table of Content Introduction about Global Aloe Vera Juice Global Aloe Vera Juice Market Size (Sales) Market Share by Type (Product Category) in 2018 Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers Market Sales, Revenue, Price and Gross Margin (2014-2018) table for each product type which include , Flavored, Non-flavored, Ready-to-drink Juice, Crush, Pulp, Hypermarkets/Supermarkets, Departmental Stores, Online Retail & Medical Stores
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. About Author:
Connect with us at LinkedIn | Facebook | Twitter  |
| You are subscribed to email updates from "forever living,forever living products usa" - Google News. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
Comments
Post a Comment