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?

[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.