4 ms·

So hard to parse this headline...

• VLM 13y ago
  The article wasn't much clearer. Is the theme that old people without chronic illnesses tend to be more active? Or a money manager thinks people should give him more money to manage? Or if old people give money to money managers they should expect to lose 40% of it as per the star of the article? Maybe the theme is people who have extreme ups and downs in their lives should plan during the ups for the downs? There was some discussion about the star of the article being very unusual because he has assets and most old people don't. My experience with ancestors is they have assets until they become sick, then they lose all their assets that can be stripped from them until they qualify for free medical. Then they live on free medical and SS until the end. So I'm not surprised that old people tend not to have assets, thats kind of the point of a for-profit medical industrial complex.