Bill Perkins
👤 SpeakerAppearances Over Time
Podcast Appearances
And what adventures will I really be doing
In my 60s, 70s, 80s, 90s, right?
Now, the Jack LaLanne's are like, I'm sure... You remember Jack LaLanne?
No, no.
There used to be a guy when I was growing up.
I know I'm an old guy.
Yeah, he would be like 70 years old.
I'm sure he was raging in clubs and spending money on fire as older.
But most of us will have more...
Sedentary lives, right?
More relaxed lives that aren't really high in consumption.
And the data shows this.
If you look at the data, even adjusting for healthcare costs, because they go, what about healthcare?
Even adjusting for healthcare costs, seniors spend less money as they age in aggregate.
Why is that?
I get asked this question a lot, and I'm going to speculate.
They can't.
They can't spend the money.
Hmm.
They can't.