Do or Die, Are You Ready to Live Well into Your Hundreds?
To 100 Good Years and Beyond
“To Infinity and Beyond!” is Buzz Lightyear’s famous catchphrase in the Toy Story films and the TV series Buzz Lightyear of Star Command.
We as humans may not see Infinity and Beyond as our current life expectancy. However, we as the human race are pushing the frontier of aging. We will see 100 years of average life expectancy within our future grasp.
A centenarian is a person who has reached the age of 100 years. For instance, life expectancies worldwide are below 100 years ( Current Life Expectancy, 81); the term centenarian is invariably associated with longevity. (316,000 centenarians in 2012)
In 2019, the estimation of all centenarians around the globe was about 450,000. This figure is most likely inaccurate as many people worldwide are not registered, around 1.1 billion (primarily children). http://www.allinallspace.com/how-many-people-actually-reach-the-age-of-100/
According to Comfortlife.ca ( https://www.comfortlife.ca/retirement-communities/our-aging-population-statistics), the fastest-growing age growth since the 2011 Canada Census is 100 plus category. In addition, this demographic grew by 41.3% from 2011 to 2016, the fastest-growing age group in Canada.
Is Turning 100 on Your Longevity Radar?
Is living “Well” into your hundreds something you aspire; why or why not?
You may have heard the discussion about living to 100 years of age. Most people say, are you crazy? Who wants to live until 100?
The answer! People who are 99!
You might be thinking, no thanks, I don’t see my physical and mental capacity being in the most excellent shape to want to live into my hundreds.
Secondly, you may be looking at your finances and saying, any chance of earning additional income on top of my retirement income is not on my cards.
Therefore even if you have the physical and mental capacity, your finances will not support your healthy you.
Investment Real Estate
If you have not listened to my recent guest podcasts, I have given you links to podcast cast shows I am a guest. The hosts are great interviewers and, I believe, have drawn out some valuable information. Vault to Investment Real Estate Success and Ready, Set, Goal – Real Estate Investing the Right Way with W. Rick Harris.
During these interviews, most of my insights are about investment real estate as an income solution that can allow you to create additional income for decades after you turn 65.
Your Story About Successful Aging, What are You Afraid of?
Your story about successful aging and the reflection on your answers gives you a glimpse into your willingness to stay the course of aging “Well” or Not.
However, suppose your current physical and mental actions and philosophy are already creating your poor health. In that case, there is no need to pay any attention to using investment real estate as a path to living well into your hundreds.
Don’t waste your precious time, don’t read any further. Seize the day.
For those of you with a gut feeling 100 years of life expectancy is around your life’s corner, keep reading.
You are The Project
Have you ever been involved in project management? However, when the project gets complicated, you are worried about completing it. In addition, you look for solutions, and nine times out of 10, the recommended advice is to go back to the basics or fundamentals.
Recently we lost one of the greats of the entertainment world, Betty White, three weeks short of her 100th birthday.
Betty had a great sense of humor and loved life. Even at her age, she incorporated physical exercise into today’s daily routine. She often mentioned she lived in a two-story home and said she would often climb a set of stairs to retrieve an item or for a reason and then forget the thing or the reason. Betty had a positive attitude about this because it gave her a physical routine.
I am sure Betty wanted to live to 100; more importantly, millions of people thought Betty left this world too soon. But, in addition, many of us thought Betty was someone who had much more to give for the betterment of the world.
Betty’s sense of humor for humanity and love and caring for animals of the world were only a few of her gifts we all would love to achieve.
On Betty’s 100th birthday, January 17, 2022, thousands and thousands of people donated to Animal Shelters worldwide in Betty’s name; what a legacy.
I hope January 17 every year becomes a year we all think of donating to Animal Shelters for the rest of our lives.
Can You Afford to Live That Long?
With the average life expectancy moving up every year, and by 2040 the average life expectancy is projected to be 95 years of age. Yes, you heard correctly; 95 will be the average life expectancy.
I would suggest many of you reading this blog who are youngsters in your 20s, 30s, and possibly 40s have a perfect chance to see 100 years plus of age as the average life expectancy in your time.
What are you doing, if anything, to fund this more extended life expectancy than you are expecting?
The Government Isn’t the Solution.
Think again if you are banking on the government to be your revenue provider and funding the great life.
Most governments worldwide have done an awful job of providing for the aged through the pandemic.
The governments continue to mismanage your contributions through taxation and give you terrible returns on your investments.
Yes, taxes are your investment into the community as a whole. But unfortunately, we all see governments squandering your community investments every day.
With the pandemic expenses, the rising costs of interest and inflation, and the war in Ukraine, the world’s governments are in no shape to handle the next crisis, an aging population the governments have never seen coming.
Huge Stigma
Age 65 is a huge stigma that needs addressing; this age should be taken out back and shot. Age 65 should not be an age on anyone’s radar. We need to get over 65; it hurts a world that needs capable, reliable, solution-orientated folks who are more valuable than ever.
If you listen to the podcast Vault to Investment Real Estate Success, you will hear my take on the positive aspects of immigration and the critical need for immigration.
Governments are too cautious and not letting in enough folks to the USA and Canada. In other words, we need all hands on deck in our economies and blocking an essential human resource with a number is crazy.
You need to reach out to your politicians and employers and similarly have them remove any mention or policies geared to age 65.
Later in Life, Additional Income Solution
Investment Real Estate isn’t the only passive income solution to living a long life, but it should be part of your solution.
Are You in the Live Longer Tribe?
Now that you are aware you might live to 100 years and beyond, you have time to read my recently published book, 31 Days to Purchasing and Renting Your First Time Real Estate Property. Follow this link, and you will find out why a small investment of your financial resources and a small investment of your time are a tiny price to pay and give.
Now that you realize how long you might live, it is worth every dollar and minute invested. So enjoy the read and return.
About the author, W. Rick
Dynamic entrepreneur and sales management strategist; with over 20 years of experience in his field. Rick has achieved multimillion-dollar sales growth while providing award-winning sales leadership and coaching in highly competitive markets.
An active real estate investor since 2002, Rick has developed his purchasing strategies and processes specializing in vacation and recreational properties, single-family homes and condo rentals.
In 2005, Rick re-financed his first rental property to fund the purchase of more positive cash flowing rental properties.
Rick sits on the Board of Directors for several condominium associations and is an active President and Treasurer. Sitting on these boards has given him a wealth of experience and insight into working with property management companies.
Rick has partnered with several joint venture associates and is committed to creating a positive investing experience for his associates by finding the properties, developing the investment, securing the financing and executing a proven positive cash flow system.
Why should you choose Rick as your Online Vault to Investment Real Estate Success Advisor?
An outstanding mentor and coach, Rick will work with you to build your investment real estate business starting from the foundation. From guiding you through the market research and critical drivers, building your team of trades, realtors, and lenders to attracting the investment real estate properties right for your portfolio and the joint venture partners to help you grow.
Through direction and training, Rick will help you develop your investment real estate goals and be a catalyst for you to purchase your first investment real estate property so you can build a strong financial foundation unlocking sustainable wealth and a living legacy for you and many generations to come.
Thank you for taking the only asset that gives us so much through life, but we can never get back our time.
Please join Rick on living his mantra:
” Prosperity for all aspects of your life forever.” W. Rick Harris