I love to talk about the durability. I think this way of thinking is very exciting and for me crucial, to help people plan. For Age. people have made themselves their own mortality to avert. Is this the fountain of youth or the Holy Grail people have sacrificed their lives to keep it.
When you invited your grandparents, how long do you think that in life you would know you have probably 60-70. When she asked my parents the same question that you may have said 70-80. If I asked, the answer is, most likely 80-90, but with a stronger feeling of insecurity, it could be longer. More than ever we see the oldest among us life, an incredible age. Someone who lives above a 90 is not terribly unusual.
My specialty is working with baby boomers and if I financial planning I project your financial status at the age of 100 years and even then try security network planning for you in case they live another 10-20 years (Yes, it would have been age 120). Mathematics is in my head, what we say, someone 65. If 85 year 2032.
Question #1: What medical advances has been for the last 20 years?
Question #2: technological progress linearly or exponentially?
Question No. 3: is safe to assume that in the next 20 years we will see many wonderful, quirky will continue development available and they will prevent you from dying, that people usually die now?
I love working with the old clientele, but the sad aspect is that every year I have several. When I think about the fact that she died in the end, last year they were:
1. Liver Cancer
2. Several Respiratory Diseases
3. Heart Disease/Heart Attack
4. Advanced Dementia
They are all things that make many promising drugs and therapies on the horizon. Medical progress often is not a cure at all, but a treatment that will keep their disease in check. Over the past 20 years, we now have the point where if HIV/AIDS is considered and people usually don’t die from it. Breast cancer and prostate have a sensitizing amazing profits through early diagnosis. Heart disease and blood circulation is easily monitored and regularly to catch problems before they happen. However, in the next 20 years here are some things down the medical pipeline:
1. Stem cells scientists can now skin cells from the bone marrow of patients and to grow: heart ventricles -, -, and a full bladder.
2. Organ generation team that successfully transplanted one bubble was growing up, to work, to grow 20 other organs and tissues. The team is able to create it, liver, lung and other challenging digestive 2016, and around the heart until the end of the decade. Implies the world, bodies of replacement.
3. Cleaning cloth – Not the type of TV the preacher says. In 2009, the scientist took a frog, put it under anesthesia, removes their hearts and “the way rinsed” his cells, while the protein structures of the heart, all that was left, regrew the cells on the tree were stuck with the frog’s own stem cells, it again it has a froggy CAT was jumping up and down heart like a new day when he was born.
All this in order to make it controversial embryonic stem cells. Which, incidentally, also studies give hope that doctors could use umbilical cord blood cells. After the birth of the child, the parents to donate the placenta and umbilical cord for your stem cells could.
While many of these things are still in its infancy, the reality is that there have been tens of thousands of people walking around right now who successfully these procedures. It is easy to imagine that 20 years from that time, if someone today 65 and 85 then there are many other medical options, unthinkable today. But it will be better. It is all the decisions are stuck in the next decade. Some who go in addition are:
1. Perfect DNA replication, When DNA replication is not going at all, lived to the end, but stops the telomeres in the region. The result is that “daughter” is a strand that has a shorter telomere region. Cells can only a certain number of times to share to this limit, it turns into aging. Also, this mechanism can lead to cancer as well. Recently, scientists have discovered that the enzyme that prevents the shortening of telomeres-a region of shortening, when DNA is duplicated.
2. The mixing of man and machine experiments to test how human brains and computers can interact. Until now, scientists will be able to remotely control a robotic arm only through thinking (the scientist had had two hands, and it was third hand to him). The same researchers observed that if he could figure out what kind of car, and told him sonar took the car to his nervous system and could feel, distance, and proved that they are under a blind test. He described that with the machine of this “alleged proximity or far away to connect”. The consequences of this will be difficult, but this suggests that in the future we will see devices that we in addition to our biology.
3. Nanotechnology Is a rapidly developing area has a lot of medical promise as the reversal of Alzheimer’s disease, reverse aging, very early detection of cancer and cell regeneration. The idea is that a person may have, medical microscopic machines inside them, the problems in your body, and secure them physically or syringe very specific regions of medicine. This is already happening to some extent.
Personally, I find it fascinating and disturbing. Some of it feels like naive to even think that this is one of the ways, but no one seems biologically impossible. It is then interesting when it comes to financial planning. Consider this… 65, and if someone can live 20 years and die at 85, it is not possible that in the next 20 years of medical progress, since methods of treatment and detection, this man will live the next 10 years? Now, 10 years on earth, it is not possible that future medical advances would allow people to live maybe another 10 years? And over the next ten years… you get the idea.
Now every year we add about three months to life expectancy and the speed with which we add time to people’s lives is. To live if we come to the point where each year we add another year of life expectancy, it makes the question “how long should I expect?” is very ambiguous. When it comes to financial planning for baby boomers, this is what happens in my head. This is something that can’t happen, but for me it will be planned a risk. While the idea of living 115 wonderful, it is also a risk that if you mean to retire at 65, it’s that your retirement savings must last 50 years.