A Quote by Hedrick Smith
It's probably also smart to keep some money in cash to invest it. But I would resist at all costs taking a lump-sum distribution because the tendency is to spend out too fast in the early years of your retirement. The advice of professionals is to take out no more than 5% per year and that will give you 20 years of distributions, and at your age, 55, you probably have more than 20 years life expectancy.
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If you're going to do a memoir, then it's sort of at this age - in your late sixties or seventies - that you do it. I don't understand people who do memoirs when they're 20. I think most people need a little more time than 20 years to become the person they are. In fact, that process of becoming who you are is still ongoing when you get older, where you go, "Let's see where my next 10 years is going to take me." S
The economy in the next 20 to 25 years is going to change more than they did in the last 20, 25 years. And that's because exponential trends are affecting a bigger and bigger share of the economy. So we have some huge disruptions in store, and I can't predict exactly what the innovations are going to be. If I did, I would have already invented them. But I think they'll be comparable to the innovations we saw in the past 20, 25 years if not greater.
As the United States has become an older nation, reverse mortgages have grown into a $20-billion-a-year industry, with elderly homeowners taking out more than 132,000 such loans in 2007, an increase of more than 270 percent from two years earlier.
When you're about 20 years old, you kind of think out - I figured out that it was better - less good to be successful and better to have a laughing life, laugh more than you frown all through your life. Because on the day you die, which one would you have said had the happier life, the better life? And so I put a lot of humor in my life.
We'll probably live 20 more years than our grandparents did. The question is, what are you going to do with those extra 20 years?
If we're damaged it will take 20 years to fix ourselves. It only takes one year to cause 20 years of damage.
You can put a person in jail for 5 years, for 10 years, or 20 years, for the same crime. We're deciding on 10 years to 20 years, when 5 years would be enough. Okay. The deterrent value, the additional amount of leverage that you get over a criminal to keep them from breaking the law in the first place, associated with making the sentences longer, is de minimous; it's essentially nothing.
Here are some questions I am constantly fretting over: Do you splurge, or do you hoard? Do you live every day as if it's your last, or do you save your money on the chance you'll live 20 more years? Is life too short, or is it going to be too long?
What is there to understand? The significance of life? How long will it take to understand the significance and the meaning of life? 20 years? 30 years? And the same question will be here in another 20 years, I guarantee you. Until you stop asking that question. When that question is not there, you are there. So that's the reason why you keep asking the question: you do not want the question to come to an end. When that comes to an end, there will not be anybody, left there, to find out the meaning, the purpose and the significance of life.
I was a prosecutor for 25 years. I saw so many 15, 16, even 20 year-olds who could not read, had little hope that they would ever find work, faced more challenges than opportunities in life, dropped out of school at some point, and turned to crime.
Some of our developers are starting to make $20,000 a month, which is really significant... We're getting developers who are 14 and 20 years of age making more money than their parents, starting to make a professional career of developing games on Roblox.
I'm hoping that these next 20 years will show what we did 20 years ago in sequencing the first human genome, was the beginning of the health revolution that will have more positive impact in people's lives than any other health event in history.
I don't care about the sort of things that will bring in chump change over the next two or three years. I think I'm better than others at sniffing out things that will bear fruit in 10 or 20 years while they're still at the seed stage, and I'm more willing to take the risks that entails.
You beg for happiness in life, but security is more important to you, even if it costs you your spine or your life. Your life will be good and secure when aliveness will mean more to you than security; love more than money; your freedom more than party line or public opinion; when your thinking will be in harmony with your feelings; when the teachers of your children will be better paid than the politicians; when you will have more respect for the love between man and woman than for a marriage license.
I've never gone out with a guy who is older than me by more than a couple years. Usually it's my age, a little bit older, or even a little bit younger. But not a 15- or 20-year difference.
Each time I do a trilogy it's ten years out of my life. I'll finish Episode III and I'll be 60. And the next 20 years after that I want to spend doing something other than Star Wars. If at 80 I'm still lively and having a good time and think I can work for another 10 years between 80 and 90, I might consider it. But don't count on it. There's nothing written, and it's not like I'm completing something. I'd have to start from scratch. The idea of a third trilogy was more of a media thing than it was me.
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