The Flexibility to Deal with Changes - Deepstash
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The Flexibility to Deal with Changes

Unforeseen illnesses, the financial needs of your dependents, and the uncertainty of Social Security and pension systems are but a few of the factors at play.

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Uncertainty of Social Security and Pension Benefits

  • The aging population is causing fewer contributors.
  • More people are retiring due to increased longevity.
  • Corporate collapses, such as bankruptcy of Enron negatively affect private pension plans.
  • Defined pensio...

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Unforeseen Medical Expenses

Old age typically brings medical problems and increased healthcare expenses.

Living out your retirement years in comfort while also covering your medical expenses may turn out to be a burden too large to bear.

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Estate Planning

Estate Planning

Without a well-planned retirement nest egg, you may be forced to liquidate your assets in order to cover your expenses during your retirement years.

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"Money doesn't buy class." ~ Kiana Tom

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At its core, productivity addiction is based on the same reward systems as other addictions. By providing constant reinforcement — for example, financial rewards in the form of salary increases, or social rewards in the form of work recognition — productivity can become a goal in and of itself, r...

Why you should plan to plan ahead for retirement.

  • Getting stuck in the savings mindset. Saving should be formed as a habit. The amount saved can be increased over time.
  • Medical emergencies. With increasing age comes more health problems. Medical claims might not always suffice.
  • Inflation needs to be take...

How we deal with uncertainty

These are some of the common ways we habitually deal with the uncertainty of a decision. But none of them solve the problem for us:

  • Doing some research. 
  • Writing out a pros and cons list.
  • Asking a bunch of people about their opinion.
  • Putting off the decision.

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