The benefits of long-term investing are not for everyone.
Thank you for reading this post, don't forget to subscribe!“In developed countries people aged 80 and over account for roughly a fifth of everyone over 65 years old. In England it’s almost a third — more than 3mn people. Yet you never see investment advice for this cohort. Which is odd considering how much money VARs have. Americans 75 years and older still have more than twice the savings of the average person aged between 45 and 54 — even if it drops a bit compared with those a decade younger.”
https://www.ft.com/content/acf815cb-cb6a-4c04-b291-e92ac2718811
