Young vs Middle Aged?

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longfellowkc
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Young vs Middle Aged?

Post by longfellowkc » Mon Feb 05, 2018 4:45 pm

Sorry if this is a repeat;I saw a thread on this from 2012, but it didn't seem to really reach consensus. I'm wondering what people think the ages are for "Young" vs "Middle Aged"? Would you say young is before 40? Middle aged is 40-early retirement(60's)? I'm struggling with this also personally as I'm 35. While my portfolio is currently 80/10, I'm not sure that I feel "young" anymore. Am I middle aged? :confused :confused Opinions & advice would be much appreciated.

visualguy
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Re: Young vs Middle Aged?

Post by visualguy » Mon Feb 05, 2018 4:51 pm

Middle age = 45 to 65 or 40 to 60.

MotoTrojan
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Re: Young vs Middle Aged?

Post by MotoTrojan » Mon Feb 05, 2018 4:53 pm

longfellowkc wrote:
Mon Feb 05, 2018 4:45 pm
Sorry if this is a repeat;I saw a thread on this from 2012, but it didn't seem to really reach consensus. I'm wondering what people think the ages are for "Young" vs "Middle Aged"? Would you say young is before 40? Middle aged is 40-early retirement(60's)? I'm struggling with this also personally as I'm 35. While my portfolio is currently 80/10, I'm not sure that I feel "young" anymore. Am I middle aged? :confused :confused Opinions & advice would be much appreciated.
Where is the other 10%?

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tennisplyr
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Re: Young vs Middle Aged?

Post by tennisplyr » Mon Feb 05, 2018 4:55 pm

US government says 65+ are elderly :annoyed
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Pajamas
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Re: Young vs Middle Aged?

Post by Pajamas » Mon Feb 05, 2018 4:56 pm

If you're not comfortable with your allocation, then maybe you need to reassess it.

Random Poster
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Re: Young vs Middle Aged?

Post by Random Poster » Mon Feb 05, 2018 4:56 pm

I consider young to be under 30, middle age to be 30 to 55 or 60, and above that age is something else.

I'm not convinced that one's age should determine what one's asset allocation should be.

MrNewEngland
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Re: Young vs Middle Aged?

Post by MrNewEngland » Mon Feb 05, 2018 4:56 pm

I turned 40 a couple weeks ago. I feel old.

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longfellowkc
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Re: Young vs Middle Aged?

Post by longfellowkc » Mon Feb 05, 2018 5:01 pm

MotoTrojan wrote:
Mon Feb 05, 2018 4:53 pm
longfellowkc wrote:
Mon Feb 05, 2018 4:45 pm
Sorry if this is a repeat;I saw a thread on this from 2012, but it didn't seem to really reach consensus. I'm wondering what people think the ages are for "Young" vs "Middle Aged"? Would you say young is before 40? Middle aged is 40-early retirement(60's)? I'm struggling with this also personally as I'm 35. While my portfolio is currently 80/10, I'm not sure that I feel "young" anymore. Am I middle aged? :confused :confused Opinions & advice would be much appreciated.
Where is the other 10%?
Derp I meant 80/20

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Doc
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Re: Young vs Middle Aged?

Post by Doc » Mon Feb 05, 2018 5:01 pm

MrNewEngland wrote:
Mon Feb 05, 2018 4:56 pm
I turned 40 a couple weeks ago. I feel old.
My son is retired. How old does should that make me feel? :D
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Conch55
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Re: Young vs Middle Aged?

Post by Conch55 » Mon Feb 05, 2018 5:05 pm

Middle age is 40-55 when priorities such as family and retirement are priorities. Young is the freedom one has before those constraints kick in. I'm past both but don't know how to categorize the current situation .

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Re: Young vs Middle Aged?

Post by daveydoo » Mon Feb 05, 2018 5:05 pm

I think I first saw this here, although I'm not sure if Victor Hugo is a BH:

"Forty is the old age of youth; fifty the youth of old age."

Spouse and I both nodded.
"I mean, it's one banana, Michael...what could it cost? Ten dollars?"

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longfellowkc
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Re: Young vs Middle Aged?

Post by longfellowkc » Mon Feb 05, 2018 5:06 pm

This applies more to just myself: We're getting the KC Bogleheads group going again as well and was just wondering what ballpark figures people had in mind?

I feel that under 40 is young, 40-60 or 65 is middle aged and then there's the early & late retirement, but was really curious as to how other folks felt about it?

Obviously income and your target retirement date is a factor, but thinking more of a general baseline. Personally I'll probably work till I'm at least 65 just so I have something to do and I enjoy my work :sharebeer

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Re: Young vs Middle Aged?

Post by General Disarray » Mon Feb 05, 2018 5:23 pm

Instead of thinking of as young vs. middle age, why not think if it this way (taking into consideration that there is no hard cut-off for any of these age categories):

Adult primary working years/age (18-55)
Adult retiring age (56-64)
Retired (65+)

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Re: Young vs Middle Aged?

Post by ResearchMed » Mon Feb 05, 2018 5:30 pm

General Disarray wrote:
Mon Feb 05, 2018 5:23 pm
Instead of thinking of as young vs. middle age, why not think if it this way (taking into consideration that there is no hard cut-off for any of these age categories):

Adult primary working years/age (18-55)
Adult retiring age (56-64)
Retired (65+)
Well, that implies that anyone 65+ is indeed retired, and some people work far beyond that (by choice or not).
Or, that no one younger is "retired", and there are quite a few here on BH who are or plan to be retired at really "young-ish" ages.

As a separate issue, lumping those age 18 with those aged early 50's...??
Not sure how useful that would be for much of anything other than making up categories :twisted:

RM
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Re: Young vs Middle Aged?

Post by General Disarray » Mon Feb 05, 2018 5:36 pm

ResearchMed wrote:
Mon Feb 05, 2018 5:30 pm
General Disarray wrote:
Mon Feb 05, 2018 5:23 pm
Instead of thinking of as young vs. middle age, why not think if it this way (taking into consideration that there is no hard cut-off for any of these age categories):

Adult primary working years/age (18-55)
Adult retiring age (56-64)
Retired (65+)
Well, that implies that anyone 65+ is indeed retired, and some people work far beyond that (by choice or not).
Or, that no one younger is "retired", and there are quite a few here on BH who are or plan to be retired at really "young-ish" ages.

As a separate issue, lumping those age 18 with those aged early 50's...??
Not sure how useful that would be for much of anything other than making up categories :twisted:

RM
As I mentioned, those categories are not set in stone. But I do see your point. I would maybe eliminate the first category and have, instead:

Early working years (18 - 25?)
Mid-career (age to age?)
Peak-earning years (40-60?)

The categories help (or maybe they don't) in terms of trying to figure out how aggressive or conservative one can be in terms of stock/bond allocation.

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Re: Young vs Middle Aged?

Post by Jack FFR1846 » Mon Feb 05, 2018 5:47 pm

Never trust anyone over 30.

If you remember who said that, then you're old.
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Re: Young vs Middle Aged?

Post by wassabi » Mon Feb 05, 2018 6:05 pm

MrNewEngland wrote:
Mon Feb 05, 2018 4:56 pm
I turned 40 a couple weeks ago. I feel old.
I can relate. 40 is a tough age. It's more symbolic than anything. Most on this forum will agree that 40 and even 65+ is not "old." Anytime I feel old (as a 40-something) I read the consumer threads about our fellow retired Bogleheads who by government standards are supposed to be "old" but are traveling the country in RVs and doing backcountry hikes or seeing the world with nothing but one bag on their back.

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Re: Young vs Middle Aged?

Post by 22twain » Mon Feb 05, 2018 10:56 pm

longfellowkc wrote:
Mon Feb 05, 2018 4:45 pm
I saw a thread on this from 2012
The age boundaries have all risen six years since then. :wink:

More seriously, how is this thread actionable in terms of personal finances or investing?

TheNightsToCome
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Re: Young vs Middle Aged?

Post by TheNightsToCome » Mon Feb 05, 2018 11:41 pm

You're not young after 30 (and definitely not young after 35).

If you aren't young, then you must be middle-aged.

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Re: Young vs Middle Aged?

Post by pascalwager » Tue Feb 06, 2018 6:35 am

For most people, effective middle age begins at 25 when physical decline begins at a rate of 1% per year. For the highly trained, the initial decline can be delayed to age 35. At age 75 the rate of decline doubles.

Tabata Training would apply.

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Re: Young vs Middle Aged?

Post by Snowjob » Tue Feb 06, 2018 7:12 am

I am 35.

On a social level, I am just starting to really feel old around 25 year old's who are the younger end of my friend group. Everyone's career and family life (single, married, kids etc) takes different paths so that muddies the water a bit, so I tend to lean on how well we hang out and connect across a variety of social points as the another indicator of where youth ends and middle age starts.

My take -

20-35 = young
36-50 = middle age
51-65 = cruise control
66-75 = retired
76-85 = elderly
86-99 = ancient
100+ = check the birth certificate =P

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Re: Young vs Middle Aged?

Post by nisiprius » Tue Feb 06, 2018 7:23 am

When I turned fifty I said to my wife "Hmmmm.... if I'm 'middle aged' that would mean I expect to live to 100."

Let's start with a dictionary (American Heritage): "middle age: The time of human life between youth and old age, usually reckoned as the years between 40 and 60. Also called midlife."

Now, the male chauvinist definition. Youth has ended the first time an attractive stranger addresses you as "sir."

The Shakespearean approach:
At first, the infant,
Mewling and puking in the nurse's arms.
Then the whining schoolboy, with his satchel
And shining morning face, creeping like snail
Unwillingly to school. And then the lover,
Sighing like furnace, with a woeful ballad
Made to his mistress' eyebrow. Then a soldier,
Full of strange oaths and bearded like the pard,
Jealous in honor, sudden and quick in quarrel,
Seeking the bubble reputation
Even in the cannon's mouth. And then the justice,
In fair round belly with good capon lined,
With eyes severe and beard of formal cut,
Full of wise saws and modern instances;
And so he plays his part.
The sixth age shifts
Into the lean and slippered pantaloon,
With spectacles on nose and pouch on side;
His youthful hose, well saved, a world too wide
For his shrunk shank, and his big manly voice,
Turning again toward childish treble, pipes
And whistles in his sound. Last scene of all,
That ends this strange eventful history,
Is second childishness and mere oblivion,
Sans teeth, sans eyes, sans taste, sans everything.
It speaks to Shakespeare's skill that one doesn't not hesitate for an instant in picking which one is "middle age." Obviously not the soldier, and obviously not the shrunk shank and the childish treble voice.

Obviously middle age is the fifth, age age of the "justice with fair round belly." That is to say, middle age is the time of peak financial success and peak respect (other people will patiently listen to your "wise saws and modern instances") but declining physical attractiveness ("fair round belly.")
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.

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Re: Young vs Middle Aged?

Post by targ » Tue Feb 06, 2018 7:36 am

Young is anyone 20 years behind you, old is 20 ahead.
The capacity to learn is a gift; The ability to learn is a skill; The willingness to learn is a choice. | -REBEC OF GINAZ

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Re: Young vs Middle Aged?

Post by Herekittykitty » Tue Feb 06, 2018 8:39 am

Middle age is whatever age your parents are.

:D
I don't know anything.

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Re: Young vs Middle Aged?

Post by gotester2000 » Tue Feb 06, 2018 9:39 am

The number 30 is significant for me - Save 30% , tax 30% , buffer everything by 30% . My thoughts on phases of life:-

0 - 30 - Young - build your human capital
31 - 60 - Middle - build own family and provide them resources(all the while keep on listening how you failed duty towards parents and siblings)
61 - 90 - Old - retire( and keep on listening from family how you failed to provide resources to spouse and children)

Sometimes I wonder about people who dont raise a family and follow their passion and live alone. Raising a family is the most difficult and thankless job that is out there.

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Watty
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Re: Young vs Middle Aged?

Post by Watty » Tue Feb 06, 2018 10:31 am

It is all relative.

We went to my wife's 20th(?) high school class reunion when she was pregnant with our first, and only kid.

Some of her classmates were already grandparents.

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Re: Young vs Middle Aged?

Post by midareff » Tue Feb 06, 2018 10:41 am

LOL.... I just turned 70 so I guess I'm middle aged since I'm between birth and death.

For a small world laugh.... about 6 years ago I met a very elderly neighbor.. she was about 100 at that time. Turns our she was my 4th grade teacher in Brooklyn, NY, PS 221. She passed between 105 and 106 so think about that in your portfolio planning.

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midareff
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Re: Young vs Middle Aged?

Post by midareff » Tue Feb 06, 2018 10:45 am

gotester2000 wrote:
Tue Feb 06, 2018 9:39 am
The number 30 is significant for me - Save 30% , tax 30% , buffer everything by 30% . My thoughts on phases of life:-

0 - 30 - Young - build your human capital
31 - 60 - Middle - build own family and provide them resources(all the while keep on listening how you failed duty towards parents and siblings)
61 - 90 - Old - retire( and keep on listening from family how you failed to provide resources to spouse and children)

Sometimes I wonder about people who dont raise a family and follow their passion and live alone. Raising a family is the most difficult and thankless job that is out there.
61 is the new 51... not old until 71.

Rupert
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Re: Young vs Middle Aged?

Post by Rupert » Tue Feb 06, 2018 10:53 am

When you watch the Grammy Awards and not only don't recognize 80% of the artists/songs but also don't understand 50+% of anything anyone is saying, you've reached middle age.

an_asker
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Re: Young vs Middle Aged?

Post by an_asker » Tue Feb 06, 2018 10:56 am

Jack FFR1846 wrote:
Mon Feb 05, 2018 5:47 pm
Never trust anyone over 30.

If you remember who said that, then you're old.
I'm over 30. I don't remember who said that.

Now, my question to you, do you trust me and believe my response? ;-)

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Re: Young vs Middle Aged?

Post by wolf359 » Tue Feb 06, 2018 11:02 am

longfellowkc wrote:
Mon Feb 05, 2018 4:45 pm
Sorry if this is a repeat;I saw a thread on this from 2012, but it didn't seem to really reach consensus. I'm wondering what people think the ages are for "Young" vs "Middle Aged"? Would you say young is before 40? Middle aged is 40-early retirement(60's)? I'm struggling with this also personally as I'm 35. While my portfolio is currently 80/10, I'm not sure that I feel "young" anymore. Am I middle aged? :confused :confused Opinions & advice would be much appreciated.
There isn't consensus. Young and middle-aged are both relative terms. If you ask a 10-year-old, someone who's 19 might be "middle-aged." Someone who's 35 is "really old."

Are you basing your portfolio on your general age category? If so, you should instead base it on your ability, and need to take risk. At 35, you could probably live with 80/20 or 90/10 just fine, especially if you intend to retire at 65 (30 years from now.) If you intend to retire early, in the next 10 years, then you might start increasing your bond allocation.

Age category doesn't matter. Your ability and need to take risk does.

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bligh
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Re: Young vs Middle Aged?

Post by bligh » Tue Feb 06, 2018 11:18 am

IMVHO -

0-12 Young
13-18 Teenager
18-30 Young Adult
30-45 Adult
45-65 Middle Aged
65+ Elderly

The boundaries are always going to be fuzzy. Each of these brackets could shift +/- 5 years or so. Depending on timing of major life events and decisions (ie. career progression, late starts, early marriages, late kids, and so on) and on physical health and mental state.

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Re: Young vs Middle Aged?

Post by gouverneur » Tue Feb 06, 2018 11:22 am

bligh wrote:
Tue Feb 06, 2018 11:18 am
IMVHO -

0-12 Young
13-18 Teenager
18-30 Young Adult
30-45 Adult
45-65 Middle Aged
65+ Elderly

The boundaries are always going to be fuzzy. Each of these brackets could shift +/- 5 years or so. Depending on timing of major life events and decisions (ie. career progression, late starts, early marriages, late kids, and so on) and on physical health and mental state.
I like this classification, mainly because it means I'm straddling the line between "young adult" and "adult" :)

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