Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 08-23-2016, 06:33 AM   #41
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 12,951
Quote:
Originally Posted by FIREmenow View Post
Most people in the 1900's didn't live past 50, either. Not much of a glide path needed back then.....

Actually, if you lived into adulthood most people did live past their 50s... it was dying young that reduced expected life span back then...

My mom did genealogy and you could easily see it... most families she has records from had kids that died young... but almost all of them lived into their 70s if they made it to 40....
__________________

__________________
Texas Proud is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-23-2016, 06:39 AM   #42
Full time employment: Posting here.
FIREmenow's Avatar
 
Join Date: May 2013
Posts: 576
Quote:
Originally Posted by Texas Proud View Post
Actually, if you lived into adulthood most people did live past their 50s... it was dying young that reduced expected life span back then...

My mom did genealogy and you could easily see it... most families she has records from had kids that died young... but almost all of them lived into their 70s if they made it to 40....
Interesting!

So much for trusting what is on the "interwebs"..... I thought everything I read on there was true!
__________________

__________________
FIREmenow is online now   Reply With Quote
Old 08-23-2016, 07:30 AM   #43
Thinks s/he gets paid by the post
 
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 2,890
Agree that in historical terms we live in a truly wonderful time. At least if you were born in a developed country, with the right ethnic/racial background, fairly intelligent, worked hard, saved a bit, etc. I think a significant proportion of the human race don't have it that much better than 100 years ago. We are very lucky.
__________________
Danmar is offline   Reply With Quote
Old 08-23-2016, 08:22 AM   #44
Thinks s/he gets paid by the post
2017ish's Avatar
 
Join Date: Apr 2012
Posts: 1,803
Quote:
Originally Posted by Danmar View Post
Agree that in historical terms we live in a truly wonderful time. At least if you were born in a developed country, with the right ethnic/racial background, fairly intelligent, worked hard, saved a bit, etc. I think a significant proportion of the human race don't have it that much better than 100 years ago. We are very lucky.
Actually, most people are doing substantially better--albeit nowhere near as well as those of us who were lucky enough to be born in US/Canada, etc. For example, from an October 2015 BBC article:

Quote:
The World Bank has said that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015.

The bank said it was using a new income figure of $1.90 per day to define extreme poverty, up from $1.25.

It forecasts that the proportion of the world's population in this category will fall from 12.8% in 2012 to 9.6%.
World Bank: Extreme poverty 'to fall below 10%' - BBC News Humanprogress.org has a wealth of data on this topic. Didn't link to that though since it is affiliated with Cato Institute, which raises concerns for some.
__________________
OMY * 3 2ish Done 7.28.17
2017ish is offline   Reply With Quote
Old 08-23-2016, 08:44 AM   #45
Full time employment: Posting here.
FIREmenow's Avatar
 
Join Date: May 2013
Posts: 576
Don't know if y'all have seen this, or if it is in any way directly related to this thread, but I think it is a really cool presentation/visualization:

__________________
FIREmenow is online now   Reply With Quote
Old 08-23-2016, 09:03 AM   #46
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 15,305
Quote:
Originally Posted by audreyh1 View Post
The very wealthy had a cook to make them whatever they wanted - they only had to ring a bell. OK it would take like Niger than a few minutes.

The rest - well - not a chance!
I'm sure I meant to type:

OK it would take like more than a few minutes.

in that last sentence. Who knows what happens, but I am often victim to extreme over-autocorrection.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is offline   Reply With Quote
Old 08-23-2016, 09:08 AM   #47
Thinks s/he gets paid by the post
 
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 2,890
Quote:
Originally Posted by 2017ish View Post
Actually, most people are doing substantially better--albeit nowhere near as well as those of us who were lucky enough to be born in US/Canada, etc. For example, from an October 2015 BBC article:



World Bank: Extreme poverty 'to fall below 10%' - BBC News Humanprogress.org has a wealth of data on this topic. Didn't link to that though since it is affiliated with Cato Institute, which raises concerns for some.
Interesting. Thanks for setting me straight. With all the bad news we see around the world, it is easy to forget that things are actually improving.
__________________
Danmar is offline   Reply With Quote
Old 08-23-2016, 10:00 AM   #48
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,180
Quote:
Originally Posted by audreyh1 View Post
I'm sure I meant to type:

OK it would take like more than a few minutes.

in that last sentence. Who knows what happens, but I am often victim to extreme over-autocorrection.
Thank you! I puzzled over that for a while, wondering what it meant. Didn't think about auto-correct for some reason.
__________________
Always be yourself, express yourself, have faith in yourself; do not go out and look for a successful personality and duplicate it.

― B. Lee








W2R is offline   Reply With Quote
Old 08-23-2016, 10:15 AM   #49
Thinks s/he gets paid by the post
 
Join Date: May 2014
Location: Utrecht
Posts: 2,112
Another favorite of mine (and Hans Rosling), child mortality:

https://ourworldindata.org/child-mor...ally-post-1950

Dropping and keeps dropping everywhere. Still a long way to go for some places.
__________________
Totoro is offline   Reply With Quote
Old 08-23-2016, 10:42 AM   #50
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,100
Quote:
Originally Posted by Sunset View Post
Don't you call that a land yacht
I would not call my humble class C a land yacht. It's comfortable for me, but has nothing that one would call fancy.

Quote:
Originally Posted by Danmar View Post
Agree that in historical terms we live in a truly wonderful time. At least if you were born in a developed country, with the right ethnic/racial background, fairly intelligent, worked hard, saved a bit, etc. I think a significant proportion of the human race don't have it that much better than 100 years ago. We are very lucky.
In looking at photos of people around the world, I cannot help noticing that people of 3rd world countries are getting, er, rounder than they used to be 30 to 40 years ago. Perhaps they eat too much carb, but that beats being skinny and hungry all the time.

Quote:
Originally Posted by Totoro View Post
Another favorite of mine (and Hans Rosling), child mortality:

https://ourworldindata.org/child-mor...ally-post-1950

Dropping and keeps dropping everywhere. Still a long way to go for some places.
I recently read somewhere a French peasant in the Dark Ages could hardly hope to get beyond his twenties. Even among the elite, to be able to make it to the 60s required a lot of luck that one escaped all infectious diseases. Even as recent as the beginning of WWII, penicillin was so expensive and precious that it was recycled from patients' urine for reuse!

So, for people who complain, they should stop, and start to smell the roses. And also their sumac roasted chicken. What, they do not have sumac chicken? Golly, they'd better learn to make some. It does not cost anything.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 08-23-2016, 11:20 AM   #51
Full time employment: Posting here.
Koogie's Avatar
 
Join Date: Nov 2007
Location: GTA
Posts: 777
Quote:
Originally Posted by FIREmenow View Post
Don't know if y'all have seen this, or if it is in any way directly related to this thread, but I think it is a really cool presentation/visualization:
That was excellent ! Thanks
__________________
"No one's interested in something you didn't do"
Tragically Hip - Wheat Kings
Koogie is offline   Reply With Quote
Old 08-23-2016, 12:28 PM   #52
Full time employment: Posting here.
 
Join Date: May 2007
Posts: 699
Quote:
Originally Posted by 6miths View Post
Whatever they wanted? Well as long as it was local, in season, hadn't spoiled...
I think it's all relative. You don't really miss what you don't have. In my travels around the world, I've known plenty of people who could afford only the basics but had good friends and lots of joy and laughter. I could tell you for many of them, they weren't missing the technology nor high tech medical care but had a great life nevertheless.
__________________
Letj is offline   Reply With Quote
Old 08-23-2016, 12:31 PM   #53
Full time employment: Posting here.
 
Join Date: May 2007
Posts: 699
Quote:
Originally Posted by NW-Bound View Post
So, I am far, very far, from the millionaire class as first defined in 1719. But who cares? I bet the millionaires back then were miserable from the summer heat, not having cool AC like I do now.
Probably not as bad as you think. They were better adapted than we are today.
__________________
Letj is offline   Reply With Quote
Old 08-23-2016, 12:57 PM   #54
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,142
Quote:
Originally Posted by Letj View Post
Probably not as bad as you think. They were better adapted than we are today.
And global warming is a modern phenomenon, right?
__________________
braumeister is offline   Reply With Quote
Old 08-23-2016, 12:59 PM   #55
Full time employment: Posting here.
FIREmenow's Avatar
 
Join Date: May 2013
Posts: 576
Well, it certainly caused the flooding in LA.
__________________
FIREmenow is online now   Reply With Quote
Old 08-24-2016, 05:40 AM   #56
Recycles dryer sheets
RISP's Avatar
 
Join Date: Jul 2012
Posts: 295
Quote:
Originally Posted by Koogie View Post
That was excellent ! Thanks
+1. Thanks for sharing, FIREmenow!
__________________
I am willing to perform services in exchange for currency. For now.
RISP is offline   Reply With Quote
Old 08-24-2016, 06:04 AM   #57
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 15,479
Quote:
Originally Posted by FIREmenow View Post
Don't know if y'all have seen this, or if it is in any way directly related to this thread, but I think it is a really cool presentation/visualization:...]
I agree... very cool and very effective. I just wonder if the income axis is real or nominal.

And there is probably a realistic ceiling on age.... though someone might have said the same thing 100 years ago and been proven wrong... longevity doubled over 200 years... could it do so again?
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
Old 08-24-2016, 06:39 AM   #58
Thinks s/he gets paid by the post
 
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 2,890
Quote:
Originally Posted by pb4uski View Post
I agree... very cool and very effective. I just wonder if the income axis is real or nominal.

And there is probably a realistic ceiling on age.... though someone might have said the same thing 100 years ago and been proven wrong... longevity doubled over 200 years... could it do so again?
Yes it was very interesting. Income must be real. Clearly illustrates that things are getting a lot better on average.
__________________
Danmar is offline   Reply With Quote
Old 08-24-2016, 07:15 AM   #59
Recycles dryer sheets
 
Join Date: Aug 2013
Posts: 402
Well, we are comparing today with the year 1768, right? While the real monetary value has gone down, the other side of the equation - quality of life has gone up. If you were a millionaire traveling in 1768, you'd be in a dinky boat. Today, you'd be traveling in a Jet. If you were a millionaire then, you'd be lucky to not be dead at 45 years old with the plague or from drinking non-pasteurize milk. With today's medical breakthrough, you'd live till a 100. If you were a millionaire then, you'd probably be waiting 6 months for a letter from overseas, while today it takes a second to get email. Today, the houses of non-millionaires are more comfortable with electricity, potable water, TV, telephone, winter heating, compared to Multi-millionaire Ibeniza Scrooge who can hardly part a sixpence for a lump of coal.


Sent from my iPad using Early Retirement Forum
__________________
No to consumerism, Living a simple life, enjoying the experience - not the material stuff
cyber888 is offline   Reply With Quote
Old 08-24-2016, 10:01 AM   #60
Full time employment: Posting here.
Mr._Graybeard's Avatar
 
Join Date: Apr 2011
Posts: 535
Quote:
Originally Posted by HadEnuff View Post
There comes a point where one has more money than there is useful stuff to buy. Probably more so in Thomas Jefferson's time than now. So what would the person with the equivalent of 641 Million $ do with that money in TJ's time? He didn't even have running water..
That reminds me of a passage from McCullough's biography of John Adams from the time JA and Jefferson were representing the US in Paris. According to McCullough, Adams was quite appalled by Jefferson's spendthrift ways. Jefferson apparently found plenty of merchandise to ship home to Monticello.

Of course, Adams was also appalled by Franklin's sexual escapades in the Old World. He seemed to take some pleasure in being appalled.
__________________

__________________
Mr._Graybeard is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
If you're really, really bored... Tailgate Other topics 10 01-29-2016 07:25 PM
Can one really become the 'Millionaire Next Door'? aim-high FIRE and Money 180 03-16-2015 04:31 AM
What Does Being a Millionaire Really Mean? ScottFromUtah FIRE and Money 77 09-21-2007 10:13 AM

 

 
All times are GMT -6. The time now is 07:29 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.