Read If you are between 18 and 68 years old!

[ariinv]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

[1715055902]

1715055902

[bocyaj]

You mean of middle age people.Since below 70 years is not a old concept.My financial plan is of trading,it won’t let you down in the long run.I had a huge couple in my portfolio for the future alone.Not a single coin is depend on the short earning profit,expect the bitcoin.Because the target price of bitcoin will reach in or before 6 months.So most of people short run profit in bitcoin.

[Scripture]

Most of the Millennials are living their life to the fullest, they don’t prepare much for their future because of belief that they live only once, so better to enjoy it but I think the pandemic changes that perception. Many starts to plan their future especially with regards to their finances, we are living on an era now where you can easily have access to financial education this can be a great start.

[Beerwizzard]

There is a million reasons for that.
Modern world fully changes once in about 25 years. Someone just don't know what's gonna happen in future. Therefore, they may think that long term investment may devaluate for some reason.
Also, prices are always going up and if you live in a big city then it would be hard for you to make savings at all. When over 60% of your earning would be paid for a rent it is hard to make any significant savings and at the meanwhile real estate prices continuously going up.

[cryptomaniac_xxx]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I don't think we need such research though because it is obvious that between this ages, you should at least be successful or have financial plans already.

If you have reached the age 30 you should really look for yourself in terms of financial and wealth you and should have plans already in set and motion. The problem is that majority is not doing this, instead, they just go and work hard every day for the rest of their lives.

[merchantofzeny]

This is mostly true for the teens and middle-aged people. For the 50+ y/o, it's more that they underestimate how much they would need to sustain the same lifestyle they have into their senior years.

[The Sceptical Chymist]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future

Gee, I'd think most of the underestimation of how life and self changes occurs when you're under 18--but hey, I'm not a pollster.  Personally, I used to think I was immortal when I was between the ages of 8 and 17 and thought I was going to rule the world someday.  Oh, how life disabused me of those silly notions. 

And who the hell is Gilbert's Research anyway?  Are you Gilbert, OP?

My financial plans include moving to a castle with some fellow bitcoiners located in a temperate climate with tons of scantily-clad babes and whatever else meets your fancy.  I made a thread about it in Economics which I'm too lazy to link to, but it's there.  Financial freedom is never going to happen for me as long as I reside where I do, because the cost of living is so damn high (and getting higher).

But on the brighter side, it seems like Will Smith slapped Ukraine out of the headlines and made gas prices drop about 25%.  Thank you, Mr. Smith and Mr. Rock for taking one for the team.

[riso2015]

At the age of under 17 years most of them never think about what will happen in the future, all they think about is enjoying life, so it tends when their parents leave them, their life changes drastically, the role of parents is very important in educating their children. they. children to think about the future, parents must teach them to invest, both bitcoin gold investment and stock investment, because investment is very important, to reap future results, we must focus on our youth to improve finances, in old age we just enjoy the results that we have collected,

[lombok]

Everyone has a different mindset regarding finances, some consider it important and have long-term plans, some are satisfied to work as employees for life and their salary is only able to support their family. This is of course influenced by their perspective, in terms of the education they get.

I would personally say necessary, we need to prepare long-term financial planning, because this will involve me and my family. This long-term planning will certainly be very beneficial for us for our children and wives.

Holding crypto such as Bitcoin, have a money in a bank, holding gold and owning a shop are my future plans.

[DVlog]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Most middle-class kid and their parents have only one dream and that is to finish their graduation and get a job and get married. This is their future planning though there is always some exception. Though I am from a middle-class family childhood was fun for me and I enjoyed my life. To be honest there wasn't any future plan but there was only planning for tomorrow. Now after graduation, I found out I made a grave mistake. If you are still studying you should be planning for your post-graduation career right now.

[sunsilk]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I have my own long term financial plan and I'm trying to be careful now with most of my major expenditure because I'm aiming to have a better, stable and passive way of earning with the next few years.

It's true that when I stepped on 18, I don't care at all what it will be in the future and about how I'll handle my finances. I've lived like what they say as YOLO and then realized that I'm growing older and still haven't achieved anything.

That reality knocked me and started to look for some guidelines on how I should make my future bright while I'm on that age. But it took me a lot of years before I've finally followed those advises like saving, investing and learning about financial literacy.

[South Park]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

What happens is that the majority of the people do not really think about the long term and take decisions based on just how they are feeling at the moment, an example of this are tattoos, do not get me wrong I like the way tattoos look however a great deal of the people get tattoos impulsively not realizing that even if they like the tattoo now that does not meant they are going to like it 50 years down the line, which is why so many people regret having a tattoo on their bodies, and they have to cover it with another tattoo or they need to have it removed with laser.

[Mauser]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

18-68 is a huge range. I don't think we can put all these people into one consideration. At 18 I had ko real financial plan for the future, that only came during my late 20s. University was very expensive for me and set me back many years financially. Before all these cost there was no real point in planning out the future. And even during university its hard to plan because you don't know how much money you will earn later.
The most important age to plan out future financial liabilities should be between 30-40, here we know how much money we make with some years of work experience and how much money we need to save for retirement. Doing long term financial planning at an age of 60+ seems not important to me anymore. At that age we leave the workforce soon, there is no real time left to make a lot of money for retirement.

[gantez]

The age range is far apart to what the question is seeking. 68 years may probably not be looking at investment plan but nearer to the grave and so should rather be taking checks of accounts of investment done as a youth at the age of 18. 68 should be looking at preparing will to show the way to things not understood to the family for peace when they leave the earth. So 18 years is very ripe for investment plans.

[fullhdpixel]

At the age of under 17 years most of them never think about what will happen in the future, all they think about is enjoying life, so it tends when their parents leave them, their life changes drastically, the role of parents is very important in educating their children. they. children to think about the future, parents must teach them to invest, both bitcoin gold investment and stock investment, because investment is very important, to reap future results, we must focus on our youth to improve finances, in old age we just enjoy the results that we have collected,

That is why the op didn't include that age groups in the list. It is important to enjoy life as a kid because adult life is very stressful. It's only sad that on most poorer countries, people have started working at a very young age due their state of life.

For the parenting part, I think almost all parents have taught their kids how to save up when they are still young but it will still depend on the kid because most kids tends to change their habit as they grow older but it is not too late, if you are still young, you can still change your life. We often underestimate small amount of funds but if we save it or invest it, it can go a long way. It is more enjoyable to retire when have of money to spend on.

[CaVO32]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

18-68 is a huge range. I don't think we can put all these people into one consideration. At 18 I had ko real financial plan for the future, that only came during my late 20s. University was very expensive for me and set me back many years financially. Before all these cost there was no real point in planning out the future. And even during university its hard to plan because you don't know how much money you will earn later.
The most important age to plan out future financial liabilities should be between 30-40, here we know how much money we make with some years of work experience and how much money we need to save for retirement. Doing long term financial planning at an age of 60+ seems not important to me anymore. At that age we leave the workforce soon, there is no real time left to make a lot of money for retirement.

Maybe, he should modify the age range like maybe 25-45. Because at 18, most are enjoying their life and not thinking about their future. Whereas, by the age 60 and above, you are already in the retirement age, so by then, you should have savings already. But in any case, so long savings and investments concept is inculcated with you, you can start early. And that you will reap the rewards early. But many of us will have realizations when we are already at 30s-40s, that we should have save as much as we can or invest our money wisely. Anyway, as long as we are living, there's a chance to change our path if we decide to.

[palle11]

Maybe, he should modify the age range like maybe 25-45. Because at 18, most are enjoying their life and not thinking about their future. Whereas, by the age 60 and above, you are already in the retirement age, so by then, you should have savings already. But in any case, so long savings and investments concept is inculcated with you, you can start early. And that you will reap the rewards early. But many of us will have realizations when we are already at 30s-40s, that we should have save as much as we can or invest our money wisely. Anyway, as long as we are living, there's a chance to change our path if we decide to.

Referring to the age 18 , it depends on the country. The rate of development is not the same for every country and their capacity to act and knowledge not the same. In some countries, a youth at 18 years is already planning to leave the house and in fact it is cultural for the country but in some country at that age the child is just finishing high school with no prospect for job. This is the issue. Saving and investment for me should start from a young age not at closing to 70.

[kaya11]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I don't think so, as for me I have plans regarding the financial stability of my family. I am 33 and I go out there see how it ends for me in the field of entrepreneurship. I have tried different things related to businesses, and somehow ended up in selling usable goods like canned goods and cosmetics. I have plans to make it grow, reaching in a state where I would just simply sit at my house waiting for profits. There are so many plans that I want, and I am trying hard to make it happen, investing, working hard as much as I can.

[Spontaneous]

  Yeah, it's really good to teach a young age on how to save their money in a long way run. We well not know our fate so it's better to prepared for every circumstances happen.

[adaseb]

Under 18 you can’t really invest. And over 68 depending on your health issues, money is going to be the last thing on your mind.

Between 18-68 is a huge span that covers most people. Besides me and a handful of other people I know. Most boomers which were middle class, never invested or traded unless it was some retirement account.

It’s too complicated for them so they just let their financial adviser invest their savings. With millennials it’s different because most are good with computers. And looking at wallstreetbets Reddit you can see how many made good money doing so.

[Moneyprism]

when it comes to long-term financial plans, maybe most of the young people now have difficulty managing their finances ... but luckily I know crypto and stocks, so from now on I start managing a little of my income to reinvest in crypto and stocks in long-term

[Reid]

With what the pandemic did, I think they do know how to invest now for long term preparing when they lose their jobs or they get old.
Somehow, it made us learn some lessons. That's one of the good side of that widespread sickness and giving more time to families who now works from home.
The frightening part is where will you put it. With so many options out there and cryptocurrencies being in the front of it, victims of being scammed is a high possibility. This is why I appreciate those who make video lessons for free. The help we could offer for them is finish their ads and be shared.

[Mpamaegbu]

I don't think we need such research though because it is obvious that between this ages, you should at least be successful or have financial plans already.

There shouldn't be a time limit to when one finds fulfilment. Life happens, and you should remember that most people have big plans and they work towards that but nature and real life issues may not allow them achieve that. It doesn't mean most times that those who are successful do things exceptionally to get there. Yes, smart people excel more than hard working lot. I've seen and heard of people who made wealth when they're past their prime and above 60 years ago. There was a case like that with a Nigerian musician – Fatai Rolling Dollars. He was even past 70 when he hit the goldmine.

[bitzizzix]

The age of 18 years is still far from long-term thinking and is still very young where we will find a lot of experiences that we must learn, especially life and work experiences that will determine our next life goals.
maybe at the age of 25-30 we have to plan for the future especially marriage and the future of family and children later, and I have thought about this before when I was not married to prepare for needs such as marriage, and subsequent needs after having children and all costs and also my old age later.
and I only rely on income from real work and also profits from crypto especially bitcoin since the age of 25 and for my future with my family, and I believe if I am consistent with the plan and always disciplined to live it with crypto my future and my family will be good -fine, as long as bitcoin or crypto exists.
because so far from marriage capital until my wife got pregnant and gave birth to bitcoin the problem is petrified and besides being good for the future we can use bitcoin as a reserve fund and use it when we need it most. And if not, I won't use it.

so in my opinion bitcoin or crypto is the right choice for the future and also as a reserve fund, it all depends on patience and consistency in doing so.

[Hydrogen]

Everyone should read a few books on financial planning. The statistics and basic information they offer are mind blowing and vital for life. Schools should adopt courses on these topics as basic curriculum. Youth can definitely get a headstart by educating themselves on financial plans. Not venturing into those areas, is like running a race with a late start behind everyone else.

There are so many people I see who are older than 30 who don't understand what a credit score does, or how it can affect monthly payments on their real estate, car or education loans. Many never learn the basics about finance or money, its like playing a game without knowing the rules. Many set themselves back by not knowing the fundamentals.

Its great how bitcoin and crypto have opened peoples eyes to the opportunities that are available. It encouraged many to leave their comfort zone and venture out into areas of investment and finance they might never have bothered with, otherwise. There are many who believe stock markets and any investment aside from having a job is a scam designed to rob them. And its sad to see, as many opportunities are missed by having this type of mentality.

[carlfebz2]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Financial plans is actually depending on someone's particular goals in life because everything would vary and we know that each people does have different mindset.Some do consider out to be that early on making

out some plans and some do mind off too early basing up with their motives and perceptions in life.Some doesnt really care since they do have sufficient funds or money on where they are depending but on the time

on which they are already that minding on how to secure out themselves in terms of future then this is the time on where you do set goals.

[TheGreatPython]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I don't think there are still users here with age above 68 but there might be users here that are below 18. What about them, don't they have the chance to read this thread? With the exposure of digital currencies such as cryptos, it is now easier to build wealth and younger people are now more into financial stuff's.

Very different from the past times where young people that time only focus on video games and things that can make them happy without getting real benefits. People with age above 68 are I think old enough to worry about finance or how can they secure their future so it makes sense not including them. Most of us young and not so old people do have their financial plan but that often not followed.

[Ahli38]

I always have a long term financial plan. but the reality is sometimes not as smooth as planned. there are times when I have to sell assets that I have saved for the long term because there is an urgent need.

so I am one of those people who is not too strong to hold it for long even though I have planned carefully. because sometimes conditions are not possible.

people who are aged around 60 years and over I think they are no longer for long-term plans but rather enjoy the long-term savings that have been collected since they were young

[ChiBitCTy]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

lol so this age range is literally the entire work force population.  18 is the normal age the average person enters the workforce full-time and 68 is the age that many people retire.  68 is the new Social Security age as well for those in the United States, so this is the age when a good majority will finally hang it up for good, or for full-time working ( many take part-time jobs around this age).  I know this as a financial advisor who helps people build their financial plans every single day.  I would agree that most people absolutely underestimate how much is needed for retirement and on average most people retire with less money than they need without a sound financial plan/portfolio.  

Be very careful who you get your financial advice from, and do your homework or find someone who you know has done theirs if you're seeking help. If anyone here has any questions on how they could improve their retirement plans, I'm happy to help out ( not asking for anything in return).

[bittraffic]

18 still is young and will just keep enjoying friends in bars for now. Wait til they get to have kids and they will plan for life.

If you are poor like me and wouldn't want to pass down the poverty to your kids, you also make use of your time today to make money.
I have no plans as well when I got that chance but after my kid was born, I end up thinking of what he will be in the future. I don't want to deprive him of opportunities like my parents did so I'm already investing for long term. Hold some BTC and altcoins I know I can pass down as birth right. It may not be much today but I think after 5-10 years from now, it will be worth it. Also planing to buy more properties for rentals to make income. I think it will be enough that my kid will not blame me.

[Strongkored]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

18-68 is the time when humans work from start to retirement, if this research is true then everyone in the world who has income actually underestimates financial plans, isn't this strange? because I believe that when you start planning for finances, you do it when you already have income, so I doubt the research you mention.
I have a financial plan but it doesn't always go smoothly, because prices keep going up so needs re-planning.

[BuNga_cute]

18 still is young and will just keep enjoying friends in bars for now. Wait til they get to have kids and they will plan for life.

If you are poor like me and wouldn't want to pass down the poverty to your kids, you also make use of your time today to make money.
I have no plans as well when I got that chance but after my kid was born, I end up thinking of what he will be in the future. I don't want to deprive him of opportunities like my parents did so I'm already investing for long term. Hold some BTC and altcoins I know I can pass down as birth right. It may not be much today but I think after 5-10 years from now, it will be worth it. Also planing to buy more properties for rentals to make income. I think it will be enough that my kid will not blame me.

It is true that when we are not married or have children, most people usually do not plan their finances well. But after getting married and
having children everything will be different, we will be more mature when we think. Our life is like leveling up, so am I after having children,
not only I work hard to make a lot of money. However, I started to think about investing, so that I could have an inheritance for my children
in the future.

Don't forget, I also started to think that through investing I could do a retirement plan too, because it's impossible for me to work forever.
I try to study all types of investments, then I will try to collect some assets that I think are profitable. In the end I found investing in crypto is
the best way for the legacy that I will pass on to my children in the future. Especially Bitcoin has proven to be profitable if it is an investment
for the long term. That's why I started buying Bitcoins every month from the income I have, maybe only about 10% of my income which I bought
Bitcoin. But I am optimistic that by collecting Bitcoin, it can generate large profits in the future. So it is my financial planning in the future.
Which I can provide a decent life for my child in the future.

[poonam8288]

See this is a very important point. Because the importance of long-term investment is something that young people have to learn. Because nowadays every teenager is lying in line to make money fast and short way. Finding a way to make money quickly is not a good idea. That's why if nine young people are taught about long-term investments, not everyone knows, they will know the importance of long-term investment. So that's the best of them all. So if you fall into this age limit and you haven't done any such planning then think about it and do some research on it and jump into it so that you can have a better future with security.

[e-lite.io]

I think it makes sense if you based on the stages of life according to age. I mean, when you are young (maybe between 18-35) it's probable that you put your focus on work and not really planning for longevity until you reach certain age (perhaps past 40).
And it depends on the culture under which you are governed; some educate you to make financial plans for the long term, others concentrate on surviving just now.

[rby]

Having a long term investment is fine but the things associated with it is what is making it look very difficult.
For one to invest in the future or for a long term, you must first need to find a reliable investment platform which will not fail on the long run, this is the reason people run away from the long term investment. Even some that goes in will end up losing everything in the future. So it is so discouraging.

Secondly, many people struggles to get what to eat and settle life challenges presently, so they find it so to invest in the future when they don't have abundance in the presence. That is why the rich remains the rich and the poor continues to struggle. Investment is not for a struggling fellow, but for a balanced person.

[NeuroticFish]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

This is a Bitcoin forum. This means that a big number of users here probably hold some satoshi (probably some hold even bitcoins) and try to increase their stash.
I think that this is the best long term financial plan one can have now: acquire bitcoin and hodl.
And yeah, we're mostly between 18 and 68.

So what are you asking about? Other financial plans? That would be a nonsense...

[kryptqnick]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I think this is out of context, and this way it's hard to understand what exactly is meant. I found an article about this study, dated 2013 (so I'm not sure why you're bringing it to discussion now), and 'financial' is mentioned only once there, so I'm not even sure that it's the finding of this research that people underestimate how much they'll change because of financial plans. Needless to say, it also seems to have nothing to do with cryptos, and the overall thing is quite vague. I had long-term plans for my future, and I was going quite well in that direction, and then a full-scale war started in my country, so now I have to make short-term plans for things which were never supposed to happen, and now I'm not sure if long-term plans matter at all.

[BITCOIN4X]

~Snip
I had long-term plans for my future, and I was going quite well in that direction, and then a full-scale war started in my country, so now I have to make short-term plans for things which were never supposed to happen, and now I'm not sure if long-term plans matter at all.

That mess shouldn't make you pessimistic about the possibilities for both your life and your long-term plans, my friend. I continue to hope that you and everyone affected by the disaster can live and find your happiness back to the way it was. The chaos had to end, one day.

I've also worked out a long term plan well so far and I'm working on it at the moment. I don't want to have silly desires without effort and I can't let all those hopes be crushed without a plan and maximum effort. We know long term plans are important, related to that so I believe investing is a good start to think about.

[Hamphser]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

This is a Bitcoin forum. This means that a big number of users here probably hold some satoshi (probably some hold even bitcoins) and try to increase their stash.
I think that this is the best long term financial plan one can have now: acquire bitcoin and hodl.
And yeah, we're mostly between 18 and 68.

So what are you asking about? Other financial plans? That would be a nonsense...

When we do speak on people or the community on whose been involving with crypto then it would be a default thing that we are really aiming on accumulating bitcoin no matter what but speaking with other financial

plans then he might pertain about those traditional kind of financial plans like diversifying on saving up some fiat into their own banks or would be investing into those traditional investments like stocks and something
in similar.

We are indeed doing our best on saving up for our future and accumulating as much as we could.

[adzino]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Don't even know who this guy is and not even sure what this thread is talking about. But I am guessing you are saying people from age 18 to 68 fails to plan financially because things changed a lot that they have expected? You should probably give us the source of the research so we could understand what he is saying.
I do have a long term financial plans but sadly I am within 18 to 68, so probably have underestimated by long term financial plans like most of the people according to the research...

[Xal0lex]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

When one is young, one rarely thinks about such things as financial well-being. As a rule, young people want to spend their youth in carelessness, entertainment and not to think about anything. I do not want to work, I want to have more fun, and many people have no particular desire to learn financial literacy, the money is always spent on all sorts of entertainment, beautiful things and so on. For example, I rarely meet people at the age of 18-22 who would think about investments, making a portfolio, investing in promising projects, etc.

Usually it all comes by the age of 30 and later, and then a person thinks about how many years he has wasted, in terms of investing and forming a compound interest. After all, if he had paid attention to this at 18 and started investing, he would have a pretty good financial cushion by the time he was 30. But alas, many come to this after wasting 10 to 15 years of their lives.

[Dean2]

i dont think 60 years old have future financial plans lol so i dont think your range is accurate

[philipma1957]

Under 18 you can’t really invest. And over 68 depending on your health issues, money is going to be the last thing on your mind.

Between 18-68 is a huge span that covers most people. Besides me and a handful of other people I know. Most boomers which were middle class, never invested or traded unless it was some retirement account.

It’s too complicated for them so they just let their financial adviser invest their savings. With millennials it’s different because most are good with computers. And looking at wallstreetbets Reddit you can see how many made good money doing so.

I disagree you can invest at the age of 10 in many countries. If you have a smart parent.

68 is old to start, but not that old A lot  depends on your goals at that age.

7 years of investing at a good item (what ever that so called good item is ) can yield quite a bit of uptick for you investment.

1000 for 7 years is 7000 at .0000001 % gain

but at 15% gain

1000 year 1 = 2660
1000 year 2 = 2313
1000 year 3 = 2011
1000 year 4 = 1749
1000 year 5 = 1520
1000 year 6 = 1322
1000 year 7 = 1150
7000 invested is  12725.  not terrible ask any 68 year old if he would do that

and if he puts it up in first year do dca it is 18620 not bad for 7000

of course no way does anyone know if any investment does 15%

i dont think 60 years old have future financial plans lol so i dont think your range is accurate

moron

Moron is crude

 how about a lack of understanding of life ?

I am 65 and have quite a few plans. I look at the oldest male in my family = 94 with good health to 92

many other males deep into their 80's with good health.



 I have
a 5 year
a 10 year
a 15 year
a 20 year
a 25 year
a 30 year

plan

[Darker45]

I have yet to really read or watch this Gilbert's research, but isn't this generally something that has got to do with human tendency? Like, if you have a lot of money today, there is a possibility that you get complacent about the future since the flow of money at present is undisturbed. We have so many testimonials of this kind of experience. And also, as the lyrics of Que Será, Será goes, the future's not ours to see, so why not spend your money and enjoy the present? But, yes, I'm trying to have a long-term financial plan.

[Furious 7]

Because even though preparing for old age is the best thing and it must be planned from the start, on the other hand, the millennial concept of young people today may be a little different because they sometimes think about life only once so don't waste your youth by trying new things.
I think this is also not too wrong because it is not good to be too busy preparing for old age because we also need everything that should be done in youth but on the other hand we also can't be too happy here because our old age still has to be thought about

[molsewid]

Because even though preparing for old age is the best thing and it must be planned from the start, on the other hand, the millennial concept of young people today may be a little different because they sometimes think about life only once so don't waste your youth by trying new things.
I think this is also not too wrong because it is not good to be too busy preparing for old age because we also need everything that should be done in youth but on the other hand we also can't be too happy here because our old age still has to be thought about

The YOLO thing or You Only Live Once is one of the motto of new generation today, I didn't mean that they are only aiming for a happy life every now and then but that's what they believe we all deserve enjoy every moment of our life because time can't return back but memories remains forever. But those new generations still thinking about their future, retirement and when they get old. Preparing for this time of our lives is very important and that's also makes us more aware to prepare for it, invest in our future, save money today and money will save us later.

[cheezcarls]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I don't think we need such research though because it is obvious that between this ages, you should at least be successful or have financial plans already.

If you have reached the age 30 you should really look for yourself in terms of financial and wealth you and should have plans already in set and motion. The problem is that majority is not doing this, instead, they just go and work hard every day for the rest of their lives.

I’ve made mistakes of my financial decisions for so many years when I wasn’t introduced to cryptocurrency yet. As I was working with my home-based virtual assistant gigs, I didn’t know to save money efficiently. I always ended up almost empty handed because of spending too much on expenses and not controlling myself.

There’s one time that my parents gave me the “worst of the worst” sermon because I didn’t save money for so many years doing virtual assistant work while my sisters are not criticized because of their stable jobs (in other words favoritism). They even kept telling me to apply for real work in a stable company or government, get a civil service examination, etc.

But I never gave up believing on my path as self-employed, but it took me a several years to finally find my footing (thanks to cryptocurrencies).

Fast forward to today, thanks to learning in controlling my finances, diversifying my investments and risks, I finally have long term plans for the future. I am not saying that I’m successful for now, but I’m getting there. While others at this age bracket are having lack of knowledge to secure themselves financially for the future, only a handful of us are actually getting there which is still a work in progress.

[jaberwock]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

This is a Bitcoin forum. This means that a big number of users here probably hold some satoshi (probably some hold even bitcoins) and try to increase their stash.
I think that this is the best long term financial plan one can have now: acquire bitcoin and hodl.
And yeah, we're mostly between 18 and 68.

So what are you asking about? Other financial plans? That would be a nonsense...

Majority of the people on this forum are investing in bitcoin and a lot of them have that plan to keep investing for a long-term. Some of them are even planning their retirement on bitcoin. But, they shouldn’t be the only thing that we are doing.

It will be very important that we also have other things we are doing because you’re going to need a steady source of income that would last you through out. These days the way money comes in and goes, you would have a lot of expenses to do and before you know it you’re already spending a lot of money on a particular day. So, is good to make sure that that source is steady.

[LogitechMouse]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

It depends on the person but this is very subjective.
1. The current lifestyle of people may affect their long term plans. Because they are only working from paycheck to paycheck, some are just forgetting long term goals and just think of them being healthy and can eat trice a day.
2. The current financial literacy of people can affect it as well. We know that people that don't have any financial literacy will not think of long term financial plans.

I've seen many people around me who are experiencing the 2 that I said above. That 2 can change the way people think of their long term financial plans. As for me, I consider myself lucky because there is the internet that helped me at least how to be financially literate and know how to think of long term financial plans. I just hope that many people will also think like that because it will help them as soon as they grow older.

[Awwal08]

If I am between 18 to 68 years old. When I was 18 years old I don't know anything about life or even have plan for the future, during the time I always think that future will be Bright, but at long run and I reach the age of 30 I noticed it has changed that I  have to stand for my self. Than I began to think of making plans for my old age. Someone need to plan for is future since when he/she is very strong.

[YOSHIE]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I'm a little difficult to understand the meaning and purpose of this topic, why should we believe what Gilbert said.

Of course, Professor Gilbert has many awards in research, credit for his popular book on human life, However, I don't get the point, for this topic on Professor Gilbert's research, can you explain at 18 and 68 years of age, what is meant by underestimating.

Point, if you talk about economics and finance in the long term, surely everyone has that plan, be it internally or externally.

[MiF]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Invests time and money in crypto is i think the best financial plan. Modern world and modern technology will surely change the future,and if we are preparing for that change today we will not miss the posible profit in the near future.

[Furious 7]

Because even though preparing for old age is the best thing and it must be planned from the start, on the other hand, the millennial concept of young people today may be a little different because they sometimes think about life only once so don't waste your youth by trying new things.
I think this is also not too wrong because it is not good to be too busy preparing for old age because we also need everything that should be done in youth but on the other hand we also can't be too happy here because our old age still has to be thought about

The YOLO thing or You Only Live Once is one of the motto of new generation today, I didn't mean that they are only aiming for a happy life every now and then but that's what they believe we all deserve enjoy every moment of our life because time can't return back but memories remains forever. But those new generations still thinking about their future, retirement and when they get old. Preparing for this time of our lives is very important and that's also makes us more aware to prepare for it, invest in our future, save money today and money will save us later.

This is indeed what must be determined now that times are very advanced, many jobs are indeed done not only in the office in uniform or wearing a suit and tie every day. even though this is good enough to look at, there are now more varied jobs that use online media, especially the younger generation now such as being Youtubers, Gamers, etc. which they love with their fashion but on the other hand it's with the fun they do.
I think life is fun and free maybe for some people (the younger generation) don't apply the beautiful things to old age now less and less for it. it is precisely now that many young people are successful in their own way and with their own pleasure

[Davidvictorson]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I believe to a degree that Daniel Gilbert is right. I am not who I was ten years ago. My personality, traits and beliefs have all changed and is constantly changing. However, I must point out that there are some flaws in the research.  According to HealthDay, the participants were mostly women, and were chosen from people who'd previously participated in another survey. I am also concerned that this is not a representative of the whole world as the sample size is small. However, with regards to the topic, I do see any relationship between the topic and Gilbert's research because the research focus was on personality, traits and beliefs and not on financial plans.

[Hamphser]

Because even though preparing for old age is the best thing and it must be planned from the start, on the other hand, the millennial concept of young people today may be a little different because they sometimes think about life only once so don't waste your youth by trying new things.
I think this is also not too wrong because it is not good to be too busy preparing for old age because we also need everything that should be done in youth but on the other hand we also can't be too happy here because our old age still has to be thought about

The YOLO thing or You Only Live Once is one of the motto of new generation today, I didn't mean that they are only aiming for a happy life every now and then but that's what they believe we all deserve enjoy every moment of our life because time can't return back but memories remains forever. But those new generations still thinking about their future, retirement and when they get old. Preparing for this time of our lives is very important and that's also makes us more aware to prepare for it, invest in our future, save money today and money will save us later.

This is indeed what must be determined now that times are very advanced, many jobs are indeed done not only in the office in uniform or wearing a suit and tie every day. even though this is good enough to look at, there are now more varied jobs that use online media, especially the younger generation now such as being Youtubers, Gamers, etc. which they love with their fashion but on the other hand it's with the fun they do.
I think life is fun and free maybe for some people (the younger generation) don't apply the beautiful things to old age now less and less for it. it is precisely now that many young people are successful in their own way and with their own pleasure

Nothing beats out on having a job which is really included on your passion on doing so and its true that it wont really be needing for it to be physical for you to earn and come to think that people do even earn more than

into those people who do go to the office but somehow the risk on getting such job wont really be that permanent compared when you are dealing with real physical jobs but somewhat if you could able to sustain yourself in regarding with this one then i dont really see any problems for this.Just set out some plans and have savings and always be mindful on how to have a good future.

[Shasha80]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Invests time and money in crypto is i think the best financial plan. Modern world and modern technology will surely change the future,and if we are preparing for that change today we will not miss the posible profit in the near future.

Humans do have to plan their finances well, if they want their future to be bright. Because we can't always be productive to work and make
money, therefore we must be wise in managing our money. Why are financial advisors sometimes paid handsomely by the rich to advise them,
because it is very important for us to have a good financial plan. Of all good financial planning, investing in crypto is indeed the best solution.
Because indeed in the modern era we have to choose investments related to technology, and crypto is proven to have sophisticated technology.
No wonder the performance of crypto, especially Bitcoin is experiencing very rapid development. Even in a difficult situation like now,
Bitcoin still has a high demand and if we can be patient long term investment in Bitcoin, then we are very likely to generate large profits from
Bitcoin and can be a good retirement plan.

[Kasabus]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I don't think we need such research though because it is obvious that between this ages, you should at least be successful or have financial plans already.

If you have reached the age 30 you should really look for yourself in terms of financial and wealth you and should have plans already in set and motion. The problem is that majority is not doing this, instead, they just go and work hard every day for the rest of their lives.

The problem is, most of the people are finding it hard to provide sufficient funds for investments that may lead them to be financially stable. So instead of doing investments, they struggle hard working everyday for survival. But i believe everyone has financial plans for the future, its just that people do not receive the same opportunities. The rich people are always given privilege to increase their wealth, while poor people continue to live life the hard way.

[Vaculin]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I have my own long term financial plan and I'm trying to be careful now with most of my major expenditure because I'm aiming to have a better, stable and passive way of earning with the next few years.

It's true that when I stepped on 18, I don't care at all what it will be in the future and about how I'll handle my finances. I've lived like what they say as YOLO and then realized that I'm growing older and still haven't achieved anything.

That reality knocked me and started to look for some guidelines on how I should make my future bright while I'm on that age. But it took me a lot of years before I've finally followed those advises like saving, investing and learning about financial literacy.

Well, at the age of 20's, this is the stage where young adults are still enjoying their lives while some are also starting to think of a brighter future ahead of them but have no concrete plans yet. But at the age of 30's, people should start to think of long term financial plans that will create improvements in their lives, and start to seize every opportunity that comes. And by 40's, they should have started to live the fruits of their hard work and labor. As they say, life starts at 40. But this is not happening in most of us. And maybe because most people don't plan to fail, they fail to plan.

[lienfaye]

When one is young, one rarely thinks about such things as financial well-being. As a rule, young people want to spend their youth in carelessness, entertainment and not to think about anything. I do not want to work, I want to have more fun, and many people have no particular desire to learn financial literacy, the money is always spent on all sorts of entertainment, beautiful things and so on.

Indeed. It seems like being youth is permanent and we're just living to make ourselves happy. We do not care of other things and not thinking ahead about the future. Its a typical mindset of the youth because they dont experience yet the real hardship in life. But as we grow old and facing the reality, thats how people became mature especially if we already experience the real situation that we must face.

Probably the pandemic that happened gave people a lesson about the importance of having a savings. In my case a reliable insurance for our family will serves as our retirement plan incase we're not able to work anymore. Thats why we made sure to get ourselves an insurance. Its a must to plan for the future since we're not getting any younger.

[Haunebu]

Who doesn't have long-term financial plans op? However, only some people actually end up fulfilling them while the rest abandon them or change them as time passes for various reasons which vary from person to person basically.

Instead, I advise focusing on fulfilling short-term plans and the combination of some of these plans could form a long-term plan which would obviously get fulfilled too. Divide and conquer basically.

I adopted the above strategy successfully which is why I feel that this is an effective and efficient strategy overall.

[laredo7mm]

Who doesn't have long-term financial plans op? However, only some people actually end up fulfilling them while the rest abandon them or change them as time passes for various reasons which vary from person to person basically.

Instead, I advise focusing on fulfilling short-term plans and the combination of some of these plans could form a long-term plan which would obviously get fulfilled too. Divide and conquer basically.

I adopted the above strategy successfully which is why I feel that this is an effective and efficient strategy overall.

It's a good strategy to divide a long-term plan into multiple milestones and then work them one by one. It reduces our stress and short-term achievement motivates us to work. We will be more motivated if after every achievement we give ourselves rewards for achieving our goal.

That's how I also like to do my hard work. Make it short make it easy. But time management is also important if you want to build a long-lasting habit about your progress.

[Kakmakr]

So how does a 68 year old person have a long-term financial future, if most people at that age are already on pension? I should say the age should be between 18 and 40 years of age, because you can still invest small amounts every month for a number of years.

I started when I was 18 and I invested in all the wrong things... those things made brokers rich and I was left with worthless long-term investments. I only changed to something that made more than 800% profit, when I was introduced to Crypto currencies. (The best investment I have ever made) 

[minairia3]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

I'm a little difficult to understand the meaning and purpose of this topic, why should we believe what Gilbert said.

Of course, Professor Gilbert has many awards in research, credit for his popular book on human life, However, I don't get the point, for this topic on Professor Gilbert's research, can you explain at 18 and 68 years of age, what is meant by underestimating.

Point, if you talk about economics and finance in the long term, surely everyone has that plan, be it internally or externally.

When maturity comes, we each begin to plan for our future. We also have financial plans for what we want to be or at what stage we want to be. But is everything done according to plan?
Not at all.

There is nothing to predict the ""future"".  There are many ups and downs in life. And that ups and downs can make a big difference in the plans we make. I can't see the reality of the success I imagined myself in.

This is exactly what Daniel Gilbert's research has revealed.

Since I am still not much aged and dependent on my family for financial matters. So, I don't have any such planning yet but in time I will probably do long-term planning too. Because it is in the nature of every human being to plan for the future in his mind.

[Viscore]

Everyone has a different mindset regarding finances, some consider it important and have long-term plans, some are satisfied to work as employees for life and their salary is only able to support their family. This is of course influenced by their perspective, in terms of the education they get.

I would personally say necessary, we need to prepare long-term financial planning, because this will involve me and my family. This long-term planning will certainly be very beneficial for us for our children and wives.

Holding crypto such as Bitcoin, have a money in a bank, holding gold and owning a shop are my future plans.

One thing is certain, whether you are managing a business or an employee who is a low or a high wage earner, i believe we all have our own long term financial plans. Because we all dream to improve our present status in lives, and it will only be possible if we become successful in our financial plans. Some may have realized it at its early 30's, while others have succeeded in their late 40's.  But regardless of the age, having our own long term financial plans is very important because it will guide us and direct us to live the life we always dream to have. And to give our children a better future which they deserve to have.

[stomachgrowls]

Everyone has a different mindset regarding finances, some consider it important and have long-term plans, some are satisfied to work as employees for life and their salary is only able to support their family. This is of course influenced by their perspective, in terms of the education they get.

I would personally say necessary, we need to prepare long-term financial planning, because this will involve me and my family. This long-term planning will certainly be very beneficial for us for our children and wives.

Holding crypto such as Bitcoin, have a money in a bank, holding gold and owning a shop are my future plans.

One thing is certain, whether you are managing a business or an employee who is a low or a high wage earner, i believe we all have our own long term financial plans. Because we all dream to improve our present status in lives, and it will only be possible if we become successful in our financial plans. Some may have realized it at its early 30's, while others have succeeded in their late 40's.  But regardless of the age, having our own long term financial plans is very important because it will guide us and direct us to live the life we always dream to have. And to give our children a better future which they deserve to have.

All of us does have plans or wishes or goals in life, it is  really just a matter of perseverance and effort on attaining those things but of course not all situations or goals would really be reached out because

there would be factors would really be affecting on achieving it or attaining it but its not enough reason for us to stop and considered ourselves to be failure.Its good to start up when we are still young

where you should set your goals and invest and save while you are young and on the time you would really benefit out on what you had done all over the years.

[andriarto]

Everyone has a different mindset regarding finances, some consider it important and have long-term plans, some are satisfied to work as employees for life and their salary is only able to support their family. This is of course influenced by their perspective, in terms of the education they get.

I would personally say necessary, we need to prepare long-term financial planning, because this will involve me and my family. This long-term planning will certainly be very beneficial for us for our children and wives.

Holding crypto such as Bitcoin, have a money in a bank, holding gold and owning a shop are my future plans.

One thing is certain, whether you are managing a business or an employee who is a low or a high wage earner, i believe we all have our own long term financial plans. Because we all dream to improve our present status in lives, and it will only be possible if we become successful in our financial plans. Some may have realized it at its early 30's, while others have succeeded in their late 40's.  But regardless of the age, having our own long term financial plans is very important because it will guide us and direct us to live the life we always dream to have. And to give our children a better future which they deserve to have.

I think age is not an obstacle, the most important thing is that we will keep the spirit to plan our finances so that later we will succeed in building a business empire, or have financial freedom. there are many people who are successful in their old age, like the boss of KFC, and if it is said to be a failure, I don't think so, because there is a hand of God here that gives us success at what age. On the other hand, many people at a young age have been successful, of course, everyone has a different time dimension, and our job is to try and pray and apply the basic principles of management and clear planning.

[DanWalker]

If I am between 18 to 68 years old. When I was 18 years old I don't know anything about life or even have plan for the future, during the time I always think that future will be Bright, but at long run and I reach the age of 30 I noticed it has changed that I  have to stand for my self. Than I began to think of making plans for my old age. Someone need to plan for is future since when he/she is very strong.

At the age of 18, we are still very young and only have passion for fun, entertainment and a little extravagance in life. Very few young people have long-term plans for their lives at that age.  Only when we turn 30 or have a small family do we really think about our future in old age and dive headfirst into our goals.

[Xal0lex]

When one is young, one rarely thinks about such things as financial well-being. As a rule, young people want to spend their youth in carelessness, entertainment and not to think about anything. I do not want to work, I want to have more fun, and many people have no particular desire to learn financial literacy, the money is always spent on all sorts of entertainment, beautiful things and so on.

Indeed. It seems like being youth is permanent and we're just living to make ourselves happy. We do not care of other things and not thinking ahead about the future. Its a typical mindset of the youth because they dont experience yet the real hardship in life. But as we grow old and facing the reality, thats how people became mature especially if we already experience the real situation that we must face.

Probably the pandemic that happened gave people a lesson about the importance of having a savings. In my case a reliable insurance for our family will serves as our retirement plan incase we're not able to work anymore. Thats why we made sure to get ourselves an insurance. Its a must to plan for the future since we're not getting any younger.

Another good catalyst to quickly start taking an interest in your financial future, including additional income, which can be represented by the same cryptocurrency, is the obligations you have.

When you have a family, children, some business, your mindset is rearranged, and now your primary concern is not entertainment, but earning money to provide for your family, children, or to support your business. In such a situation people become interested in investments, exchanges and other financial instruments, which can be used to make money. And this is just a good chance to get to know bitcoin and start investing for your future and the future of your children.

[Gozie51]

At the age of 18, we are still very young and only have passion for fun, entertainment and a little extravagance in life. Very few young people have long-term plans for their lives at that age.  Only when we turn 30 or have a small family do we really think about our future in old age and dive headfirst into our goals.

Sometimes the way people's live turn out depends on the family that they come from. Some people at age 18 are already planning themselves into financial freedom while it is not like that for some people. There is an adage that "when a goat is chewing, the kids watches" and takes up from there. This is how it is with financial Independence. If you train a child on that earlier then the child carries on from there.

[Jawhead999]

At the age of 18, we are still very young and only have passion for fun, entertainment and a little extravagance in life. Very few young people have long-term plans for their lives at that age.  Only when we turn 30 or have a small family do we really think about our future in old age and dive headfirst into our goals.

I don't think 18 years old is very young, at that times you need to choose your path either continue to school or work. If you take a job, you'll understand working isn't easy and you're more carefully to spend your money for. However if you continue to school, yep you wouldn't learn that... perhaps after you completed your school. Though depends on your parents financial, poor people have to learn money management when he's still in elementary school.

I also don't know where you live, but when someone already hit 18 years old... he supposedly can live alone without his parents.

[traderethereum]

If people from 18 to 68 years old underestimate their future, they will regret it in the future.
It must be because they never think about preparing for their future and they don't imagine what kind of future they want.
Maybe they haven't thought about long-term financial plans because they are still trying to meet their primary needs.
But I'm sure they will prepare it slowly.
And luckily, we are more familiar with crypto than people out there because at least we already have a tool that can help us prepare for our future.

[Wong Gendheng]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

My current long term plan is to continue to invest in several places, and crypto is an investment that I make my third priority after property and stocks, I think the future will be full of inflation and the cost of living will continue to rise so we must overcome it by continuing to invest.

[barbara44]

Right, I have a long term financial plan. Investing in Bitcoin is one of those long-term financial plans that I have. Whenever I invest in Bitcoin I always make sure to go for a long time because it mostly benefits me.

But, bitcoin and other crypto investment is not the only thing that I am into, I also have two businesses that I am handling , and they are going really fine and I believe that they will be more than the level that they currently are in the future. And I’m also putting in more effort into having different sources of income , because I believe that is really going to help me in the future when the time comes.

[Silberman]

It's a good strategy to divide a long-term plan into multiple milestones and then work them one by one. It reduces our stress and short-term achievement motivates us to work. We will be more motivated if after every achievement we give ourselves rewards for achieving our goal.

That's how I also like to do my hard work. Make it short make it easy. But time management is also important if you want to build a long-lasting habit about your progress.

That is a very basic tactic and yet it is one that is incredibly effective, and not only it works when it comes to complex and difficult tasks, it works on everything, for example many newbies coming to the market today have dreams of getting one bitcoin but they do not have the money to get one immediately, if instead of concentrating in that fact they took small steps like buying 100 dollars worth of bitcoin every month, maybe they will not reach their goal but they will get in the right path which will lead them to one day reach financial independence.

[Oilacris]

It's a good strategy to divide a long-term plan into multiple milestones and then work them one by one. It reduces our stress and short-term achievement motivates us to work. We will be more motivated if after every achievement we give ourselves rewards for achieving our goal.

That's how I also like to do my hard work. Make it short make it easy. But time management is also important if you want to build a long-lasting habit about your progress.

That is a very basic tactic and yet it is one that is incredibly effective, and not only it works when it comes to complex and difficult tasks, it works on everything, for example many newbies coming to the market today have dreams of getting one bitcoin but they do not have the money to get one immediately, if instead of concentrating in that fact they took small steps like buying 100 dollars worth of bitcoin every month, maybe they will not reach their goal but they will get in the right path which will lead them to one day reach financial independence.

All matters with someones mindset and goal in mind or in life because you wont really able to reach that line if you wont persevere and wont sustain yourself into different challenges.

We are all hoping to have a better life in terms of finances and those results would really be depending on how hard you do work for it thats why it would vary on several factors.
Save and invest on different sectors or industries as much as you could and it would be better as young as you could as long you do able to do so.

[South Park]

So how does a 68 year old person have a long-term financial future, if most people at that age are already on pension? I should say the age should be between 18 and 40 years of age, because you can still invest small amounts every month for a number of years.

I started when I was 18 and I invested in all the wrong things... those things made brokers rich and I was left with worthless long-term investments. I only changed to something that made more than 800% profit, when I was introduced to Crypto currencies. (The best investment I have ever made) 

I think the same, money managers have different plans depending on your age, when you are young and you have on average a lot of time left to live money managers will take more risks with your money as even if they happened to make a mistake or two you have a lot of time to recover from those losses, but once you reach a certain age then your portfolio needs to be adjusted to reflect this, and less risky assets will be included while the more risky ones will be sold creating a more solid portfolio, it would not give as much profits as before but in the case there are some losses those losses will be small and you can recover from them in the limited time you have available as an investor.

[nur rochid]

So how does a 68 year old person have a long-term financial future, if most people at that age are already on pension? I should say the age should be between 18 and 40 years of age, because you can still invest small amounts every month for a number of years.

I started when I was 18 and I invested in all the wrong things... those things made brokers rich and I was left with worthless long-term investments. I only changed to something that made more than 800% profit, when I was introduced to Crypto currencies. (The best investment I have ever made) 

I think the same, money managers have different plans depending on your age, when you are young and you have on average a lot of time left to live money managers will take more risks with your money as even if they happened to make a mistake or two you have a lot of time to recover from those losses, but once you reach a certain age then your portfolio needs to be adjusted to reflect this, and less risky assets will be included while the more risky ones will be sold creating a more solid portfolio, it would not give as much profits as before but in the case there are some losses those losses will be small and you can recover from them in the limited time you have available as an investor.

at a young age like 18 years, indeed many people are looking for their identity, they will try as much as they can, and among them will indeed fail a lot. from that failure that makes young people grow into adults and begin to take into account all risks, so they begin to be careful to take action, so that at the age of maturity, people will find it easier to become successful, because they move using more mature calculations. it if judged logically. but in this world many things do not make sense, and that is the power of god. Many of the successful entrepreneurs are in their old age, and if you think about it they may be too late to enjoy it, but that's God's secret that we don't know. The most important thing is that we must always try and never give up

[southerngentuk]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

What is the basis for the above arguments? I don't get it because I'm not one of those things you're talking about. A clear financial plan Everyone laughs when not everyone can access or afford to create a possibility. You should be able to support yourself financially.While poverty, evils, social problems, etc. still exist, what the OP is looking at is just a perspective on a small part of it.

[Minecache]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

It depends on the person but this is very subjective.
1. The current lifestyle of people may affect their long term plans. Because they are only working from paycheck to paycheck, some are just forgetting long term goals and just think of them being healthy and can eat trice a day.
2. The current financial literacy of people can affect it as well. We know that people that don't have any financial literacy will not think of long term financial plans.

I've seen many people around me who are experiencing the 2 that I said above. That 2 can change the way people think of their long term financial plans. As for me, I consider myself lucky because there is the internet that helped me at least how to be financially literate and know how to think of long term financial plans. I just hope that many people will also think like that because it will help them as soon as they grow older.

Daniel Gilbert, in his study of human predictions and future plans, came up with the idea of ​​how much people change between the ages of 18 and 6. His thinking changes as well as his financial planning.

@LogitechMouse, your two points are very reasonable. I want to talk lightly about these two points.
About 80% of the people in our society are employed and if they can get into their dream job then they think their life is set in many ways. Then, under the pressure of work, the plan that was in their head with the future financial plan faded away gradually. Then their main focus shifts to daily properly eating and staying well.

Gilbert pointed to the age between 18-and 68. 18 the journey begins on our way to maturity. And at this age, we have countless plans for our future. But in the last age, it has been seen that very little has been implemented.

Let's talk a little bit about your point number two.

Your point two is also reasonable. Because we have not yet made progress in educating all the people in our society. Yet a large part of the people is uneducated. It is rather normal that they do not have financial planning.
And without proper knowledge of financial literacy, they have no account in savings and investing, so they have to travel.


I don't have any future financial plans yet though. But as you said this is the age of the internet and we are lucky for that. As time goes on, I too will gradually learn the things I need for myself with the help of the internet which will help in my planning

[Fatunad]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

What is the basis for the above arguments? I don't get it because I'm not one of those things you're talking about. A clear financial plan Everyone laughs when not everyone can access or afford to create a possibility. You should be able to support yourself financially.While poverty, evils, social problems, etc. still exist, what the OP is looking at is just a perspective on a small part of it.

You would need to be able to survive those hindrances or possible problems that would be faced up later on and this might be simple to look for someone to achieve about on how to make a better future then you would
find it for yourself that it wont really be that easy.When you are young or already into your own will on how to handle up yourself and make your future then you would normally be finding ways.
Its up to someones perspective on how he would really be planning his/her life to become.

[strunberg]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

financial plan really important for us to prepare our pension plan we are old. alot thing will plan here since we have family, organizing money and separate it by its needs could give us more saving. holding cash and turn it to some assets will stablize our money that maybe in coming years will eaten by inflation. arrange  financial plan could devided by short term , mid term and long term without all of this  i am believe our work earning money will become useless.

[Sebas.tian]

Right, I have a long term financial plan. Investing in Bitcoin is one of those long-term financial plans that I have. Whenever I invest in Bitcoin I always make sure to go for a long time because it mostly benefits me.

Choosing bitcoin as your financial plan is a favourable decision that will help you to grow now and in the future. Many people has achieved a lot of benefits from long term bitcoin financial plan during the pandemic that reduced people business which was allowed bitcoin investors to make more income from their long term investment at the moment. Investing huge amount of money on bitcoin right now, is a good plan to all long term investors to embrace this opportunity to earn well in the future when the price of bitcoin hit $100,000 before the end of this year 2022.

[Pejoh Asu]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Most people are complacent with the current situation, a worker with an annual salary of $30k will never think anything about investing, he will feel comfortable with a monthly salary and many benefits so don't think about investing even don't want to save, when the unexpected happens for example a pandemic which makes them lose their jobs and income so they are frustrated and have no spare money to survive.

[noorman0]

Yes, I have long term plans. But I don't know I don't really think about it, only limited to plans for the next 10 to 15 years. In some cases, a person cannot maintain or change his plan under certain conditions, for example spending all his savings due to urgency, loss or something else. I only think about how I can maintain productivity at any age, from that income I think I can create my own plans.

[breathlessz]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Most people are complacent with the current situation, a worker with an annual salary of $30k will never think anything about investing, he will feel comfortable with a monthly salary and many benefits so don't think about investing even don't want to save, when the unexpected happens for example a pandemic which makes them lose their jobs and income so they are frustrated and have no spare money to survive.

People like that will lose money, when they are at the peak of their glory, they don't think about time, they seem satisfied with the results they are getting at this time, without thinking about developing investments or other businesses. what you need to know, no one knows about the future situation, so it is important for us to understand financial management, and be able to implement a simple lifestyle, in the sense of buying something that is needed not what is desired. if we can manage finances well, then whatever happens we are ready to enjoy life, especially if we already have income from several sources of income.

[DU18]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Age 18-45 is a productive age in my opinion, if at the age of 18-30 someone does not have good planning in terms of finances of course their life will only suffer in old age (45-65) later, at a productive age, people will think to make as much money as possible and not all of them have expertise in managing existing finances, so it is not uncommon for those who actually work hard at a young age but have to live in poverty at the age of their old, that's why when we still have the strength to work and seek money, we should also think about the future with one of them saving and managing finances well.

[so98nn]

Oh yes, believe me I am the person who will always set my financial goals for the whole year Once the calendar hits 1st of April and start working on them. Any pending goals from last year always gets carry forwarded but I try not to bump them to achieve next goals efficiently. I always like financial planning because it helps a lot. I remember making one such thread about my own goals and how my fellow members are doing here. It was nice discussion and it seems many of them do not really go for such goals. But my advice is always to go for it and learn from the previous times. It slowly makes you wealthy.

[Markinzo]

In a country like mine, am not sure by 18 you're done with your first degree not to talk of having a source of dependable income that would be enough for one to think of investment.
Mind you it's when the stomach is full that one can think of investing.

But talking about long term investment generally, it actually depends on what you're investing on against old age. Certain persons invest in their children education_wise while others it could be in something else. So the mindset actually defers!

[bustabitsboy]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

We have long-term financial plans. But we have to really look at things. Which young people have the financial means to start investing at the age of 18? There are few such people. Young people must be educated in order to qualify for good jobs. As a result, we earn money by our labor so that our family can live normally. At this time, we do not think about distant plans. And only when we have the opportunity to invest, we can make financial plans and this happens well beyond 30, I think. So your age interval is not accurate.

[Emitdama]

In a country like mine, am not sure by 18 you're done with your first degree not to talk of having a source of dependable income that would be enough for one to think of investment.
Mind you it's when the stomach is full that one can think of investing.

But talking about long term investment generally, it actually depends on what you're investing on against old age. Certain persons invest in their children education_wise while others it could be in something else. So the mindset actually defers!

They say that children is the hope of the nation so it is wise to invest on the children but we should also invest something for ourselves because it won't look right if we will give all to them and nothing left for ourselves. That won't motivate you any more to work to earn and to have something to invest. Usually younger age people will only think of their selves and will invest on the material things that are not really that beneficial in the long term, this isn't bad although its better if they will have something to secure their future but I think they will realize this soon or as they grow older.

[Cling18]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

We have long-term financial plans. But we have to really look at things. Which young people have the financial means to start investing at the age of 18? There are few such people. Young people must be educated to qualify for good jobs. As a result, we earn money through our labor so that our family can live normally. At this time, we do not think about distant plans. And only when we have the opportunity to invest, we can make financial plans and this happens well beyond 30, I think. So your age interval is not accurate.

I think 18 years old is too young to have the financial means to start investing because, at that age, we're still in the stage of studying for us to prepare for our future credentials. 18 would be too early to stabilize life. It's a step-by-step process unless we're born with a golden spoon. I agree that beyond 30 would be the best age though 25 onwards will also be a good time. We only need to be well determined and have a proper mindset for our future.

[Desscount]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

We have long-term financial plans. But we have to really look at things. Which young people have the financial means to start investing at the age of 18? There are few such people. Young people must be educated to qualify for good jobs. As a result, we earn money through our labor so that our family can live normally. At this time, we do not think about distant plans. And only when we have the opportunity to invest, we can make financial plans and this happens well beyond 30, I think. So your age interval is not accurate.

I think 18 years old is too young to have the financial means to start investing because, at that age, we're still in the stage of studying for us to prepare for our future credentials. 18 would be too early to stabilize life. It's a step-by-step process unless we're born with a golden spoon. I agree that beyond 30 would be the best age though 25 onwards will also be a good time. We only need to be well determined and have a proper mindset for our future.

Basically, everyone has their own opinion about what age is right to start investing,
I personally prefer the age of 25 and it may be the right age to start investing but to start learning the most appropriate at the time of adolescence,
because in adolescence a person would have been able to think maturely and it would be appropriate if he learned to invest

[Xampeuu]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

We have long-term financial plans. But we have to really look at things. Which young people have the financial means to start investing at the age of 18? There are few such people. Young people must be educated to qualify for good jobs. As a result, we earn money through our labor so that our family can live normally. At this time, we do not think about distant plans. And only when we have the opportunity to invest, we can make financial plans and this happens well beyond 30, I think. So your age interval is not accurate.

I think 18 years old is too young to have the financial means to start investing because, at that age, we're still in the stage of studying for us to prepare for our future credentials. 18 would be too early to stabilize life. It's a step-by-step process unless we're born with a golden spoon. I agree that beyond 30 would be the best age though 25 onwards will also be a good time. We only need to be well determined and have a proper mindset for our future.

at the age of 30 and over our psychology will be more stable, so it's like taking a step we just have to execute it, and it will go according to plan, because at that age the calculations are also good, of course there will be more mature people around them and this can help to solve problem. therefore the business will climb according to the specified time target. so don't be lazy to gain knowledge at the age of 18-30 by hanging out with those who are more mature

[kapalmabur]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

We have long-term financial plans. But we have to really look at things. Which young people have the financial means to start investing at the age of 18? There are few such people. Young people must be educated to qualify for good jobs. As a result, we earn money through our labor so that our family can live normally. At this time, we do not think about distant plans. And only when we have the opportunity to invest, we can make financial plans and this happens well beyond 30, I think. So your age interval is not accurate.

I think 18 years old is too young to have the financial means to start investing because, at that age, we're still in the stage of studying for us to prepare for our future credentials. 18 would be too early to stabilize life. It's a step-by-step process unless we're born with a golden spoon. I agree that beyond 30 would be the best age though 25 onwards will also be a good time. We only need to be well determined and have a proper mindset for our future.

at the age of 30 and over our psychology will be more stable, so it's like taking a step we just have to execute it, and it will go according to plan, because at that age the calculations are also good, of course there will be more mature people around them and this can help to solve problem. therefore the business will climb according to the specified time target. so don't be lazy to gain knowledge at the age of 18-30 by hanging out with those who are more mature

When we are teenagers, multiply relationships because it has many benefits that we will feel when we grow up,
we can learn with a lot of people and it will make our horizon wider and increase,
it's true don't ever be lazy and bored to learn while there is still time make the best use of it

[24Kt]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

We have long-term financial plans. But we have to really look at things. Which young people have the financial means to start investing at the age of 18? There are few such people. Young people must be educated to qualify for good jobs. As a result, we earn money through our labor so that our family can live normally. At this time, we do not think about distant plans. And only when we have the opportunity to invest, we can make financial plans and this happens well beyond 30, I think. So your age interval is not accurate.

I think 18 years old is too young to have the financial means to start investing because, at that age, we're still in the stage of studying for us to prepare for our future credentials. 18 would be too early to stabilize life. It's a step-by-step process unless we're born with a golden spoon. I agree that beyond 30 would be the best age though 25 onwards will also be a good time. We only need to be well determined and have a proper mindset for our future.

Basically, everyone has their own opinion about what age is right to start investing,
I personally prefer the age of 25 and it may be the right age to start investing but to start learning the most appropriate at the time of adolescence,
because in adolescence a person would have been able to think maturely and it would be appropriate if he learned to invest

There's no right or wrong entry in terms of age when it comes to investment. Most people who suffered difficulty at their early life will probably start thinking early about investments. Because they understand the importance of their hard-earned money. Whereas, those who were born with golden spoon won't bother investing at early age because all their needs are being catered. So for me, so long you understand what you are doing about your money and why you are investing, you are in the right track of making sure you have good future.

[FairUser]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Honestly, I'm out of the category you're referring to. We're not talking about age here. But I have a pretty simple mindset about finance and it's just a tool for me to make my life plan. I don't care much about money, even though I don't have too much, I'm not too poor. Hungry, I am grateful for the present life and cherish it, and I direct people to that mindset; have little use but still be happy. I sometimes wonder why we take money so seriously, and I have my own answer.

[TribalBob]

in my life investing in youth is very efficient where when we have a family it will be difficult to invest where the necessities of life will continue to increase, in contrast to the younger generation who were born in 2000 they don't think about old age, waste money just to get a cray rich title

[milewilda]

in my life investing in youth is very efficient where when we have a family it will be difficult to invest where the necessities of life will continue to increase, in contrast to the younger generation who were born in 2000 they don't think about old age, waste money just to get a cray rich title

If you do have  everything when you are still young then most likely you wont really be thinking on trying out to sustain yourself or does have plan for the future since you do know that someone
could really support you.It isnt that a bad thing but better to be prepared for the upcoming future since you dont know on what comes next in life whether you would retain those richness or not.
Dont rely forever and there would really be coming into a point where you would really be that should be preparing yourself on what you would become to be in near future.

[South Park]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Most people are complacent with the current situation, a worker with an annual salary of $30k will never think anything about investing, he will feel comfortable with a monthly salary and many benefits so don't think about investing even don't want to save, when the unexpected happens for example a pandemic which makes them lose their jobs and income so they are frustrated and have no spare money to survive.

And not only that if that person suddenly found themselves with a raise and now they earned 40k they would still not save a single dollar and they will spend the additional 10k they are receiving, I think this is called lifestyle inflation and it is a big problem, as this is the main reason why even people that are earning a lot of money every month could face bankruptcy in less than a year if they lost their jobs, it is because of this that it is important to save your money and then invest it as a way to protect yourself from the unexpected circumstances that life can throw at you.

[riso2015]

To be successful you don't have to wait for a certain age, the key to success must be prepared from an early age, at an early age we must prepare ourselves to pursue education and learning, because with education everything will feel easy, if we don't want to learn from an early age, to Looking at a bright future is very difficult, especially living in today's world, if we don't have education, we will definitely be marginalized.

[Alert31]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Investing at an early age is a wise plan and discision in life. It includes having a proper education to have a good and descent job to start savings and investing in order to have a good finances in the futurr. Because if you just start thinking your investment during middle age and you already have your own family, sometimes it's difficult to have a financial plan especially if your financies is just base on your daily work with minimum salary which is sometimes just enough to pay your bills. The pandemic give us many lessons. We really need to have a financila plan for a better future. Invest as along as you have the opportunity to do it either in crypto or real state. I believed both are good long term investment plan.

[TelolettOm]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

It is a must to have financial plans for us and for our family in the future. If until 68 we have no any financial plans, it means the end of the life, because, in my area, 68 is an old man and not for working anymore only sitting on the seat and waiting for the old moment.
I think that people in their 20s-30s are the best period to have good management of finances so that we can manage, control ad also utilizes every chance to hold and run our financial plans.

Financial plan is actually one of the basic things that we must have in this life, whoever we are, not only for rich people but also for all people, we need financial pans and management in order to make our life more qualified and controled.

[Findingnemo]

So you're telling that a 17 year old teen can become a millionaire but not the 19 year teen can be, its just an average number but in reality anyone can realize what is their life goal and turn into more successful. A long term goal is very important for everyone but we also should have short term goals which acts as the way for achieving our long term goals.

[Sir Legend]

Currently I am over 25 years old and experiencing many things in life, i have to prepare for a better future life, and happy to know cryptocurrencies and know a lot about investing, I hope to change my life in 5 or 10 years .

[Dr.Osh]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

everyone has their own plans, especially when it comes to finances. I'm pretty sure that everyone has a different plan, because basically we didn't start this all from the same beginning. some people choose to live life without thinking about their finances. either it was because they had a lot of money before from their parents and had a financial strategy passed down through generations, or because he just didn't want to think about it.
Personally, right now I'm only thinking about investment issues that can allow me to get financial freedom in the future. I think it can be included in the long term financial plans. I have many plans in mind, but I need to work on them one by one.
Besides that, I really believe that people with the typical entrepreneur also have this mindset. In fact, I feel that with that age range, people tend to think about and strategize their long term financial plans.
I don't know what kind of research Gilbert's was doing, and who Gilbert's was. I'm just curious what kind of research he's doing, because it's quite different from what I thought.

[onecall123]

In thinking about long-term financial plans, many of you got a bit over your heads. The majority of us try to avoid financial hardship by doing something special. The truth is, I do have a lot of coins, but the story is more complicated and I might need help. Any investment must be carefully thought out and planned. Throughout the year, I have spent countless hours trading crypto and taking my profits every day. Think how big my bag could become. The best thing you can do if you ever intend to have a professional approach to your investing strategy is to do some research on this.

[Lubang Bawah]

Early preparations to welcome old age or retirement must be done immediately, and currently I am buying land in a rural area far from the city so that I can get a cheaper price, I am gathering and working with investors to make swimming recreation and connect with many people. facilities such as futsal, children's education and so on.

[savetheFORUM]

It is a must to have financial plans for us and for our family in the future. If until 68 we have no any financial plans, it means the end of the life, because, in my area, 68 is an old man and not for working anymore only sitting on the seat and waiting for the old moment.
I think that people in their 20s-30s are the best period to have good management of finances so that we can manage, control ad also utilizes every chance to hold and run our financial plans.

Seriously you don’t even need to reach 68 years old before you start thinking about investment. Investment should be something we start at a very young age so that by the time we get to at least thirty years old of age, we are already making something out of it and seeing a brighter future for ourselves and our families.

The reason why most of us are usually not aware of this is because of the type of upbringing and education that we have, if schools will start teaching students to start making investments and all that, it’s really going to be helpful. And also if parents are going to encourage their children to do such things that would be helpful for their future, it would really go a long way for them.

[m2017]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

[tygeade]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Honestly, I'm out of the category you're referring to. We're not talking about age here. But I have a pretty simple mindset about finance and it's just a tool for me to make my life plan. I don't care much about money, even though I don't have too much, I'm not too poor. Hungry, I am grateful for the present life and cherish it, and I direct people to that mindset; have little use but still be happy. I sometimes wonder why we take money so seriously, and I have my own answer.

This has been my mindset for many years. Even though I have some financial troubles here and there time to time, I have a house, I have a car, and I am living easily right now without too much issue. Sometimes I have trouble because I go all hedonistic and spend a bit more than I should, or maybe some expected expenses happen and I just have to pay for those and during those periods I just wish I had some more money saved up at that time.

But aside from that, I never had huge debts that I couldn't pay, and I just live life the way I want to, do I want more? Sometimes I do, like for example I want to go visit Rome and sight see and I would probably never afford that, but at least I know that I am content with my life and do not need to have like 50 years worth of investment, I still do it, but for my children and not for myself.

[Quidat]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

Winning position is still that something questionable since we know that there's no assurance when it comes to future of Bitcoin but somehow after seeing a decades time then
i cant blame on why the community does have much that trust towards Bitcoin. Most people would really be seeing this to be a good investment for you to take but of course
always be minded off about the risk because nothing is guaranteed.Its better to start when you are still you which it is ideal on having that kind of goal or target.

[bubidan.id]

I'm still young, but I have clear long-term plans, such as saving for retirement or creating assets for us to grow old. It looks simple but it is very difficult for some people who don't care about it, they will realize when they are already old that the assets we plant when we are young will really help us in our old age.

[milewilda]

I'm still young, but I have clear long-term plans, such as saving for retirement or creating assets for us to grow old. It looks simple but it is very difficult for some people who don't care about it, they will realize when they are already old that the assets we plant when we are young will really help us in our old age.

Come to mind that we would be having our family and we would be having children but in the end you are the ones who would really be living together with your wife and since your kids had been married then you two would be the ones who would be left behind.If you do really mind on having a life without any problems about finances then you wont really be bothering or stressing out yourself on having medication or any maintenance which you would really be needing and its true that having early plans is much more recommended rather than minding when you are already getting old and doesnt really have any investment or achievements or back up plans.

[DanWalker]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

Winning position is still that something questionable since we know that there's no assurance when it comes to future of Bitcoin but somehow after seeing a decades time then
i cant blame on why the community does have much that trust towards Bitcoin. Most people would really be seeing this to be a good investment for you to take but of course
always be minded off about the risk because nothing is guaranteed.Its better to start when you are still you which it is ideal on having that kind of goal or target.

A lot of people were in a winning position when investing in bitcoin in the early days. Bitcoin is arguably the most profitable investment, but don't forget that the higher the reward, the higher the risk.

I'm not saying bitcoin will die or go to zero but be a smart investor don't put everything in one basket, spread it across multiple investment channels. There are no guarantees in investing so have a backup plan.

[Rasa nanas]

I have learned a lot from successful people and most of them are successful because of the investment they made in their youth and in their old age they enjoy the results. My long term financial plan is investing in crypto and real investments like gold and land. I try to save 30% of the money I make every month, and after I have accumulated enough money I will invest the money. With this strategy I hope that in my old age I don't have to work anymore and I just enjoy the results of the investments I make now.

[LUCKMCFLY]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

financial plan really important for us to prepare our pension plan we are old. alot thing will plan here since we have family, organizing money and separate it by its needs could give us more saving. holding cash and turn it to some assets will stablize our money that maybe in coming years will eaten by inflation. arrange  financial plan could devided by short term , mid term and long term without all of this  i am believe our work earning money will become useless.

I think that my best plan is my children, to give them an education where they don't see a corrupt system like the one I had to study, where they prepare you to serve others and never give them the opportunity to say that you can be a millionaire, that you just have to focus in what you want to achieve, in my time failing was not allowed, because a failure was synonymous that you were bad and that you were not good for x thing, not now, you must fail to learn, and that is what makes the difference with respect to to others.

For me, my life will continue to search for the best to offer my family, but with the little experience I have, I want to guide my children to the best and to opportunities that are superior to those I had in my childhood.

[mich]

My long term financial goals are pretty simple. I definitely want more financial freedom and I see that as the key. It's not that I'm focused on retiring early necessary but I certainly don't want to be working for other people at an older age.
I think owning a home, having substantial savings put away and gaining access to make money remotely and independently are my main objectives. In truth, I envy people that love working for other people because then I would probably just focus on what I'm doing now for work and waiting for retirement age.
However, I'm an independent person and I don't thrive in environments where I am stuck under someone else's thumb. I would love the next chapter of my life to not only be devoted to earning more but also about spending time in peoples company I enjoy but maybe I'm just simple at heart.

[Ahli38]

My long term financial goals are pretty simple. I definitely want more financial freedom and I see that as the key. It's not that I'm focused on retiring early necessary but I certainly don't want to be working for other people at an older age.
I think owning a home, having substantial savings put away and gaining access to make money remotely and independently are my main objectives. In truth, I envy people that love working for other people because then I would probably just focus on what I'm doing now for work and waiting for retirement age.
However, I'm an independent person and I don't thrive in environments where I am stuck under someone else's thumb. I would love the next chapter of my life to not only be devoted to earning more but also about spending time in peoples company I enjoy but maybe I'm just simple at heart.

almost all of your words describe my thoughts which are the same as yours.
One thing that guides me is that in the real world I don't like being in a position to work over someone else's control.
I prefer independent work because it's much stress free.

but for long term finances I prefer to pay in installments to buy land or land where the price of land every year can continue to rise and can be used to grow crops if there is free time from work to just refresh the mind. and the results can be eaten. when planting vegetables or fruit trees. and land prices continue to increase over time. that's how I plan my finances for the future. namely putting money to buy a piece of land.

[Semar Mesem]

Preparing an investment from a young age is something that we must do, most people feel when they work and no longer need other income, so when inflation occurs they immediately owe or sell assets they have, invest immediately or you will regret it.

[Freeesta]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

Winning position is still that something questionable since we know that there's no assurance when it comes to future of Bitcoin but somehow after seeing a decades time then
i cant blame on why the community does have much that trust towards Bitcoin. Most people would really be seeing this to be a good investment for you to take but of course
always be minded off about the risk because nothing is guaranteed.Its better to start when you are still you which it is ideal on having that kind of goal or target.

A lot of people were in a winning position when investing in bitcoin in the early days. Bitcoin is arguably the most profitable investment, but don't forget that the higher the reward, the higher the risk.

I'm not saying bitcoin will die or go to zero but be a smart investor don't put everything in one basket, spread it across multiple investment channels. There are no guarantees in investing so have a backup plan.

This is exactly what we all need! Backup plan. We must not forget that the situation in the global economy can change at any time. I believe that it is necessary to invest for our successful future. We need to invest today. Otherwise, it may happen that one day we wake up in another country, with a different government, and all our property will simply be taken from us.Maybe our investment can save us.

[horrifiedx1]

Preparing an investment from a young age is something that we must do, most people feel when they work and no longer need other income, so when inflation occurs they immediately owe or sell assets they have, invest immediately or you will regret it.

but unfortunately young people don't think much about their future by investing. they tend to have fun and think about their future later. but as the level of maturity, many young people today are familiar with cryptocurrencies and many of them became rich suddenly because of investing in it. and after that, it's just a matter of how they manage their finances, maybe they can be used for other businesses, or buy other assets that can guarantee their lives in the future.

[Pejoh Asu]

Most people regret after entering the age of 60 years, this is because they feel comfortable and get active income from work, but when entering the age of 60 years that has to retire from work so they are not ready, expenditure continues to increase but the income drops so this is important lessons that we must invest immediately.

[MinMan]

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

For sure, I am around early 20s and I I’m already making plans for my future and investing for a long term.  Although I am wishing that I got to know about this sooner than now. But at the same time I am also happy that I learned a lot at this age and have been able to be putting in a lot of hard work into making sure that my future is going to be a better one.

Most of the youths around my age, and my friends, usually focused on what they would be getting right now and not what they are getting in the future. Most of them just wants to make money immediately, and they are always out there looking for means to get rich quick, but that hasn’t being it for me, because I believe in hard work and following the process.