Savings Regret?

[Tom Young]

Suppose everyone were rational in their saving decisions. Now assume that a social scientist decides to interview 10,000 people, to see if they regret how much they had saved when young. Of this group, 8000 are old people who are still alive, 650 are in heaven, and 1350 are in hell. The average person expresses no regret—they saved the right amount. However, there is an interesting pattern. On average, the 8000 living interviewees express regret for not saving more, while the 2000 who are dead express regret for saving too much when young.

http://www.themoneyillusion.com/saving-regret/

 

[Knight]

I'm pretty sure dead people don't need money so the interviewer wasted his or her time. What I'd really like to know is there any info on who interviewed the 2000 dead ?

 

[Aunt Bea]

[h=1]“Better to have, and not need, than to need, and not have.” - Franz Kafka[/h]

 

[hollydolly]

“Better to have, and not need, than to need, and not have.” - Franz Kafka

...ain't that the bare truth?

 

[Olivia]

The only thing I regret is wasting my time on this shameful advertisement.

 

[StarSong]

Could you repeat the question?

Then again, never mind.

 

[wvnewbie]

Just posted elsewhere: I am told you cannot take it with you. So, I am not going.

 

[treeguy64]

Idiotic post to push some agenda on that link!

 

[DonaldHathaway]

Saving must be done at the right time. Once the time has gone, there is no point in regretting for that.