New topics 2

I have been working on understanding the essence of a few puzzles. Now I think that I understand them.

Here are the puzzles.

1. How much is a person actually worth in terms of lifetime income with compounding? Where does this worth go? Can a person recapture more of their own worth?

I now have quantitative measures of all of this. I also have tested strategies that would allow a person to recapture more of their own worth.

2. In working at LANL, in making a solid financial plan, or in job hunting, what is the effect of a person's own internal emotional world view on the actions that they are willing to make and on the person's successes in these endeavors?

The effects seem to usually be negative. As far as I can find out, most of us make emotional decisions cloaked in a thin veil of rationality. We can, though, learn to make decisions that are more positive for us.

3. At what age can a person first afford to retire?

It turns out that there is a robust quantitative individualized solution to this question.

4. In order to increase your own fiscal health, a good strategy is to systematically decrease your expenses.

We now have worksheets that make this difficult task easier to do.