[Reeses]

a life expectancy of 100 or 1000 is simply a matter of time, money and research.

I never understood the desire to live so long. Most of our atoms are replaced every 20 years or so, so we're not the same that we were anyway, and nobody we know is either. The nice thing though about living to 1000 is the power of compound interest. If you put $1 into a bank account paying 5% interest, you'll have $1,546,318,920,731,950,000,000 to spend in the year 1000.

[new cruelty]

The nice thing though about living to 1000 is the power of compound interest. If you put $1 into a bank account paying 5% interest, you'll have $1,546,318,920,731,950,000,000 to spend in the year 1000.

LOL. Cool, but should't you account for a little time to spend it before you turn 1,000?

[ThinkDifferent]

The nice thing though about living to 1000 is the power of compound interest. If you put $1 into a bank account paying 5% interest, you'll have $1,546,318,920,731,950,000,000 to spend in the year 1000.

I suspect that if radical life extension becomes common, interest rates will fall substantially because it would be less valuable to have money now instead of 10 years from now.

[AnotherUnixGeek]

I never understood the desire to live so long. Most of our atoms are replaced every 20 years or so, so we're not the same that we were anyway, and nobody we know is either.

There's a single, continuous thread of consciousness running on top of that matrix of ever-changing atoms, though, which is the point for most of us. I'd like the option to live that long, and I'd especially like the option to avoid all of the disease and afflictions that come with aging.

If you put $1 into a bank account paying 5% interest, you'll have $1,546,318,920,731,950,000,000 to spend in the year 1000.

The economic impact of increasing age limits is mostly ignored, since human lifespan is increasing at a relatively slow rate. But the 21st century is likely to see some big breakthroughs in longevity - I have no idea what it'll mean for concepts like compounded interest, retirement, medical insurance, etc.

[doc30]

If you put $1 into a bank account paying 5% interest, you'll have $1,546,318,920,731,950,000,000 to spend in the year 1000.

And a cheeseburger will cost $1,646,318,920,731,950,000,000 in the future.

[capitalist229]

The nice thing though about living to 1000 is the power of compound interest. If you put $1 into a bank account paying 5% interest, you'll have $1,546,318,920,731,950,000,000 to spend in the year 1000.

The problem is that the Federal Reserve will have inflated the currency much more than your 5% interest rate.

It's called negative real interest rates, and is responsible for an America that no longer saves.

BUMP