Time shift
A friend messaged me this picture,
I answered him: ?
He replied
"I have been looking at this picture quite a bit lately,
If a 50 year old
lives to 80,
That picture,
is how many
months
they have."
It doesn’t matter how old you are,
the number of months, summers, winters
are finite.
Memento mori
But something happened in my late 40’s.
I became aware
my time horizon had shifted,
without me
realizing.
Imagine you’re 40,
creating a ‘deal’ model on a property:
☑️ Mortgage for 25 years.
☑️The property will pay for itself/taxes/maintenance but no extra.
☑️ After 25 years, the cash flow will be really good.
This is a nice deal. After the initial investment, the property pays for itself; at 65 you have regular cash flow.
But,
Now you’re 50 yrs old,
considering this deal.
You will be 75 when this cash flows;
only 10 years difference,
but 65 feels (and is) a lot different than 75.
You have just experienced a time horizon shift.
❝ Consider, the lever of time
and how you can take
advantage of it
from either side.❞
Under 40, time is leverageable;
this may be hard to lean into when you are young,
often you
are at your poorest,
fear the unknowable future,
and may not understand how,
because it is not taught.
But your greatest asset is time.
Over 50, time is no longer an asset,
But it is not a liability either,
Unless you let it become one.
Original Linkedin Post: https://bit.ly/3BRXthg
(worth clicking on the original linkedin Post, because the comments are amazing and often the conversation is better than the original post)