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Are you really going to keep paying into the insurance policy until you're 75? The sooner you stop paying in (or die), the more you'd have to have paid in order
by slurgfest 14y ago
Are you really going to keep paying into the insurance policy until you're 75? The sooner you stop paying in (or die), the more you'd have to have paid in order to count on getting 5 years' salary paid out.
The incentive structure of your deal with the insurance agent is that he is trying to get more money out of you than you will get paid out.
The incentive structure of your deal with Google is that you have a benefit for staying.
Retirement is really another issue.
- tedunangst 14y agoThe incentive structure of your deal with Google is that you stay while you are young, but get out before you are likely to die.
- slurgfest 14y agoIf Google reduced your pay as you got older, then that would be strictly comparable to the insurance agent who raises your rates as you get older. Otherwise, it's not comparable