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Dan Ariely, Irrational Capital – Investing in Human Capital | #425

The Meb Faber Show - Better Investing

CHAPTER

Is My Money Going to Outlast Me?

Longevity is so hard to predict, it's not a risk that everybody should take on themselves. I think need to move retirement into annuities. Now i know it's expensive, but i think the pay off is people are now healthy at retirement. They need to buy the airly fabor tina placibo at half the cost. Aha, haa. But if people are destined to a life of financial worry, maximising human capital, you think this is a public sector solution? And i'll tell you why. It's very hard to predict longevity. Things look kind of crazy in terms of longevity. One hand, you have thebiles that is o pushing

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